ADA (ADAPERP) – Long signal
Updated
BUY: 1.07 – 1.12
TARGETS:
1) 1.24
2) 1.45
STOP: When a 4h candle closes below 0.98
Rationale:
-The 100 and 200 EMA have acted as strong support for the duration of the uptrend.
-When price touches the 200 EMA it usually responds with a large bounce up.
-The 200 EMA corresponds with an area of local support (buy zone).
-The confluence with the 200 EMA and support zone gives us confidence in taking a long position.
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) 1.24
2) 1.45
STOP: When a 4h candle closes below 0.98
Rationale:
-The 100 and 200 EMA have acted as strong support for the duration of the uptrend.
-When price touches the 200 EMA it usually responds with a large bounce up.
-The 200 EMA corresponds with an area of local support (buy zone).
-The confluence with the 200 EMA and support zone gives us confidence in taking a long position.
Your risk, your reward. This is not financial advice.
Happy trading.
Trade active
Target 1 hit
Regular $100k+ profit daily.
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Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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