I've made several analyses on ADA before where I talked about this parallel channel and argued that there's a possibility of ADA going for the top of the channel in the coming bull-cycle.
It's not a likely outcome, but with a R/R ratio of 116 it's worth the risk. This could be your best ADA entry for the rest of your life.
The best entry would be from the support of the channel, maybe a bit lower on a wick of some sort.
Keep an eye on this trade!
It's not a likely outcome, but with a R/R ratio of 116 it's worth the risk. This could be your best ADA entry for the rest of your life.
The best entry would be from the support of the channel, maybe a bit lower on a wick of some sort.
Keep an eye on this trade!
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