jackdavidpiney

ADA- Looking for support and then 140% Gain.

Long
jackdavidpiney Updated   
BINANCE:ADABTC   Cardano / Bitcoin
As you can see, we broke out making higher highs and higher lows, but we must retain support on the 55 EMA for another chance at the 90 EMA and the .786 FIb level (3190 sats)


I will update the idea as it progresses.

I am already in and have buy orders averaging down to 2500 sats.

Targets:
3190
4380
5220
6060

Stop Loss
1500

Small Portfolio Risk!
Comment:
Buy orders triggered.

Aiming for 3190 first

Comment:
After confirming support above the previous highs we're on our way to test the 90EMA and hopefully onwards to our first target of 3190.

Comment:
Target 1 hit, to the Sat.

Thank you Fibonacci, you served us well.
Comment:
Stop loss moved up to break even
Comment:
Profit taken and position reduced.

Looking for a Cup and Handle, ideal retrace to the 50% Fib.

Stop loss at break even.


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