TradingView doesn't let me explain my point of view because they think i'm not talking english ...
Comment:
Cardano Daily Chart looks like a bottom. I am expecting a retracement to at least 858 sats. I am going to ladder some long order to 400 sats and wait for a break-out of the Descending Triangle to add more into my position.
Comment:
ADA is moving nicely to its resistance trendline. Following our idea, if the daily candle closes above the trendline, I will open a long position with a stop-loss below this trendline.
However, if ADA gets rejected here, I would likely open a short position with a tight stoploss, targeting the 400 sats area.
However, if ADA gets rejected here, I would likely open a short position with a tight stoploss, targeting the 400 sats area.
Trade active:
ADA has been the most quiet coin to break out but it finally did.
It is currently testing back the broken triangle
Safe long here
It is currently testing back the broken triangle
Safe long here
Trade active:
First Target reached for ADA
Trade active:
2nd Target reached for ADA
