bwymore

ADA/BTC Potential Reversal Point(s) (4H Chart)

BITTREX:ADABTC   Cardano / Bitcoin
We just hit a support and hopefully get a bounce back up from the lower end of the channel. Expect to drop to the 2400 fib level if the 3100 support fails. After that we are looking at 1287 for the next big support if we still haven't gotten a good pull back. I'd look to buy around the current price with a tight stop loss under the top pink dashed support.

**I'm not a professional and this is for educational purposes only. I'm just sharing what I'm doing with my trades.
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.