Potential 123 bottom on ADA to BitcoinsteemCreated with Sketch.

in #trading6 years ago

Hey traders,

We have a potential 123 bottom on ADA to Bitcoin. Short term target are at usual algo targets marked by confluence the fib pull and the APP. If this is a reversal then we could expect more upside in the short term.

The H&S can be seen on the OBV on the daily as well although not yet confirmed.

ADA_trade_2.png

Target: 1479 as marked by the money line. Trend could continue since we have a potential reversal pattern forming.

Setting a tight stop right below the golden zone (fib).

Happy trading.