RaulPuiu

Ada (Cardano) finally starts its Bull run

Long
RaulPuiu Mis à jour   
BINANCE:ADABTC   Cardano / Bitcoin
Ada has bounced off the 2500 satoshi support two times.
Broke the downtrend line (not in this graph).
Volumes are on the increase.
Transaction en cours
Trade fermée: ordre d’arrêt atteint:
I have been stopped out (sell wall on Binance is to big at the moment), it wants to go lower with the whole market.

Lets wait patiently for a better entry point lower after it reverses with a little more volume.
2350 satoshi is the next fib support so lets see how it behaves there.

For the time being ADA it is still a falling knife and its not that easy to catch a falling knife.
Commentaire:
Correction:
2200 satoshi is the next support according to Fibonacci retracement.
2350 is just my next level on the downside to asses the action.

In the meantime I`m out, reevaluating a better entry point.
I will post updates here, you can follow this idea to receive updates (right under the chart).
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