ADA Looking Juicy

BITTREX:ADABTC   Cardano / Bitcoin
176 0
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

Follow my advice at your own risk.
评论: Looks like I may have bought a bit early. It might fall a bit more

Next 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.
评论: My current 4HR chart:

评论: Gains locked in!

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