oOTradingOo
Long

ADA accumulation phase

BINANCE:ADABTC   Cardano / Bitcoin
Price currently hovering around the 50d MA and MACD about to turn positive on the 4hr chart (sometime in the next 8-12 hours). I am buying ahead of the herd for the next move up.
Comment: Starting to uptick. Huge chance for MACD bullish crossing here.
Trade active: BTC double topped around 17200 and has been bringing down the alts on its slide. However, I am still in this trade as long as ADA stays above 00005170 which is the low from yesterday (7th Jan)
Trade active: ADA has been lagging in its recovery alongside the BTC recovery. We are now under the 50day MA. Can you see what happened the last time we dipped under the 50day MA? Explosive growth to the upside when we moved back over.
Comment: Still holding this trade. A lot of alts were affected over the past few days by weakness in btc. I think the crypto space as a whole saw a reduction in marketcap by over 100billion. ADA will recover and we will see that leg up. MACD bullish crossover complete.
BTC double topped around 17200 and has been bringing down the alts on its slide. However, I am still in this trade as long as ADA stays above 00005170 which is the low from yesterday (7th Jan)
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