ADA-USDT is still in a big downtrend. With the fall of BTC, from here, I expect 2 scenarios for ADA:
1. If ADA can hold the support area around 0.121, it can slightly go up to the strong resistance around 0.13 then fall to the buyzone
2. If ADA breaks through the support area around 0.121, it will go down to our buy zone.
When the price enter the buy zone, we can start to buy as below:
- Buy 1 (25% of investment capital): 0.101234
- Buy 2 (35%): 0.0909
- Buy 3 (40%): 0.8457
Then we can take profit as follow:
- TP1 (35%): 0.1304 - 0.1422
- TP2 (40%): 0.1604 - 0.1719
- TP3 (25%): 0.1872 - 0.1969
Stoploss: If you want to protect your capital, you can set stoploss if D1 candles closed under 0.075. However, I think the buyzone is a good position so we should buy more and hold rather than stoploss.
Good luck
**This is my thought, mind your own trade**
1. If ADA can hold the support area around 0.121, it can slightly go up to the strong resistance around 0.13 then fall to the buyzone
2. If ADA breaks through the support area around 0.121, it will go down to our buy zone.
When the price enter the buy zone, we can start to buy as below:
- Buy 1 (25% of investment capital): 0.101234
- Buy 2 (35%): 0.0909
- Buy 3 (40%): 0.8457
Then we can take profit as follow:
- TP1 (35%): 0.1304 - 0.1422
- TP2 (40%): 0.1604 - 0.1719
- TP3 (25%): 0.1872 - 0.1969
Stoploss: If you want to protect your capital, you can set stoploss if D1 candles closed under 0.075. However, I think the buyzone is a good position so we should buy more and hold rather than stoploss.
Good luck
**This is my thought, mind your own trade**