nalak

ADABTC, EW & VPVR - Evening Star 1D

nalak Updated   
BINANCE:ADABTC   Cardano / Bitcoin
If the market permits. Volatility in btc should bring ADA down a notch, before popularity takes it up to the next level.

Arrows are not financial advice.
Comment:
ADABTC has dipped into my initial buy zone, first tranche taken, hoping to get a slightly lower price under 1050.

I believe that if ADA has another run this year, this will be a good signal for the alt market in general as ADA led the first wave and the rest will likely follow
Comment:
Cardano has fallen nicely into the buy zone. Seems to be getting a nice reaction here off of the low 900's.

Second tranche taken. Everything is looking as expected, buying with conviction and expecting a good amount of chop around the buy zone for the next month or so. Looking for signs that the die hard ADA investors will support it through what looks like it might be a choppy for the market in general for the month coming up.

I'd be concerned for this trade if it heads down below 900 for too long. Otherwise should be fine.
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