ADA BTC Trading Idea

It seems that ADA/BTC has finally reached a bottom.

From the chart we can see a clear reversal trend indicated by the 'hammer' candle.

By applying Fibonacci extensions, the targets for this trade are:

1) 2563 Sats
2) 2958 Sats
3) 3280 Sats
4) 3994 Sats
5) 4543 Sats

This is just my opinion and not a trading advise.

Comment:

Bullish pennant forming in the daily chart

Comment:

1) 2563 Sats (Target Reached 18/07/2018)
2) 2958 Sats
3) 3280 Sats
4) 3994 Sats
5) 4543 Sats

Comment:

Slight pull back to 0.382 Fib (2351 Sats) before we move on to second target.

Comment:

Correction until 28th July

Upward movement projetected to continue after that.

Broadening ascending wedge
https://preview.ibb.co/hKO3UT/adabtc.png

Trade closed manually