$0.635 resistance level for
ADA
is HUGE.... we've failed here 7+ times over the last 80+ days.
Once ADA can close above/rip through this resistance we should see $0.77 quickly.
WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot of major resistance levels
Swing Trade:
Entry: I've begun an entry into ADA going long at $0.631 and looking to enter further on confirmation of a breakout.
SL: Fails often so I'm looking to stop out around $0.60.
**I may hedge/short if $BTC/
ETH
start to pullback today or tomorrow while they hit resistance levels.
Once ADA can close above/rip through this resistance we should see $0.77 quickly.
WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot of major resistance levels
Swing Trade:
Entry: I've begun an entry into ADA going long at $0.631 and looking to enter further on confirmation of a breakout.
SL: Fails often so I'm looking to stop out around $0.60.
**I may hedge/short if $BTC/
ETH
start to pullback today or tomorrow while they hit resistance levels.
Comment:
ADA
looking strong here! Let's see if we're finally going to breakout. Had some turbulence today with a massive dump but trade looking strong.
ADA
looking strong here! Let's see if we're finally going to breakout. Had some turbulence today with a massive dump but trade looking strong.
Comment:
Closed one of my longs for 34% (roughly 1/3rd) my position. This should see $0.77. I may look for a retrace & consolidation to re-enter. Looking strong!
Can't be angry taking profits
Can't be angry taking profits
Comment:
Boom! We're close to that $0.77 lvl. may see some consolidation afterwards but then on to $0.90