ADA: simple trade review

in #trading7 years ago (edited)

In previous posts I detailed ADA as a good option to trade as BTC turns around, this trade went way better than expected reaching my maximum target. Now I will review the trade.\

Simple rational for entering the trade on a one day chart

www.tradingview.png

Now on a 4 hour chart:
Although it nearly reach 0002900, I began taking profit from 00026500-0002850, due to the confluent resistances

www.tradingview.png