zimeaBlue

ADA/BTC Relatively Cheap. Long for Gap Fill

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Filling order gaps is a common trading strategy as it takes seeks to exploit the cyclicality of markets. ADA has created two unfilled gaps against BTC recently that need refilling. Cardano definitely has some catalysts coming up that can help realize the expected 4x against BTC as it should also approach ATH.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.