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Cardano / Bitcoin
Long
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ADA probably found a new bottom

TradingView doesn't let me explain my point of view because they think i'm not talking english ...
Note
Cardano Daily Chart looks like a bottom. I am expecting a retracement to at least 858 sats. I am going to ladder some long order to 400 sats and wait for a break-out of the Descending Triangle to add more into my position.
Note
ADA is moving nicely to its resistance trendline. Following our idea, if the daily candle closes above the trendline, I will open a long position with a stop-loss below this trendline.

However, if ADA gets rejected here, I would likely open a short position with a tight stoploss, targeting the 400 sats area.

[img]snapshot[/img]
Transaction en cours
ADA has been the most quiet coin to break out but it finally did.
It is currently testing back the broken triangle

Safe long here
snapshot
Transaction en cours
First Target reached for ADA
Transaction en cours
2nd Target reached for ADA
FrenchRandomGuy
Aussi sur:
ADAADABTCCryptocurrencySupport and ResistanceTrend AnalysisTrend Lines
FrenchRandomGuy
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