Cardano Struggling?! $ADA has huge potential here!

28 ก.พ. 2024

$0.635 resistance level for LSE:ADA is HUGE.... we've failed here 7+ times over the last 80+ days.

Once LSE:ADA can close above/rip through this resistance we should see $0.77 quickly.

WHY I love this trade is the WEEKLY chart! it has been building under this level for months and the weekly chart basically has a GAP to fill to get back to $0.77 without a lot of major resistance levels




Swing Trade:
Entry: I've begun an entry into LSE:ADA going long at $0.631 and looking to enter further on confirmation of a breakout.
SL: Fails often so I'm looking to stop out around $0.60.
**I may hedge/short if BTC/ETH start to pullback today or tomorrow while they hit resistance levels.

29 ก.พ. 2024

บันทึก

ADA looking strong here! Let's see if we're finally going to breakout. Had some turbulence today with a massive dump but trade looking strong.

29 ก.พ. 2024

บันทึก

Closed one of my longs for 34% (roughly 1/3rd) my position. This should see $0.77. I may look for a retrace & consolidation to re-enter. Looking strong!

Can't be angry taking profits

2 มี.ค. 2024

บันทึก

Boom! We're close to that $0.77 lvl. may see some consolidation afterwards but then on to $0.90