ADA Looking Juicy
ADA has been down trending recently; however, it seems to have bounced up and come back down to find support at this higher low.
This last green candle looks to be an Inverted Hammer Reversal pattern + it has a considerable amount of volume poured into it. This could signal a change of trend upwards.
I have personally entered into a position at 354 satoshis and am looking for the next bearish candle OR potential the break of the resistance level. At the very least, I believe this coin has a lot of room to go up and test the resistance level.
Overall, I'd recommend this coin as a buy - however, trade at your own risk! If it breaks the support level, then we can expect some downside to key support. If that happens, I'll post an update with a pic of what I believe is the key support level.
Good luck out and happy trading! :D
DISCLAIMER:
Follow my advice at your own risk.
This last green candle looks to be an Inverted Hammer Reversal pattern + it has a considerable amount of volume poured into it. This could signal a change of trend upwards.
I have personally entered into a position at 354 satoshis and am looking for the next bearish candle OR potential the break of the resistance level. At the very least, I believe this coin has a lot of room to go up and test the resistance level.
Overall, I'd recommend this coin as a buy - however, trade at your own risk! If it breaks the support level, then we can expect some downside to key support. If that happens, I'll post an update with a pic of what I believe is the key support level.
Good luck out and happy trading! :D
DISCLAIMER:
Follow my advice at your own risk.
Note
Looks like I may have bought a bit early. It might fall a bit moreNext support is 340 satoshis
KEY support is 330 satoshis.
If it breaks under 330, then I'll sell - however, I'll be holding on to these bags until that time comes.
Note
My current 4HR chart:Note
Gains locked in!-TRADE CLOSED-
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.