$ADA #ADA đ
Direction: LONG
Entry zone: 0.1690 to 0.1710
Stop loss: 0.1650
Target 1: 0.1750
Target 2: 0.1800
Cardano is trading near 0.1704 dollars, down only 1.56 percent in 24 hours, inside a range of 0.1668 to 0.1754 dollars, and the recent closes show buyers holding the level, 0.1700, then 0.1706, then 0.1716, then 0.1706, then 0.1699. đą My reading is that ADA is the quiet strength play in a red market, because it fell less than 2 percent while Bitcoin dropped 6.51 percent and Ethereum fell 5.6 percent, and five closes around 0.170 dollars show buyers are not letting it go. A long from the current zone, with a stop below 0.1650, targets 0.1750 first and then 0.1800 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does ADA break 0.1750 first, or lose 0.1650 first? đ€
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.1690 to 0.1710
Stop loss: 0.1650
Target 1: 0.1750
Target 2: 0.1800
Cardano is trading near 0.1704 dollars, down only 1.56 percent in 24 hours, inside a range of 0.1668 to 0.1754 dollars, and the recent closes show buyers holding the level, 0.1700, then 0.1706, then 0.1716, then 0.1706, then 0.1699. đą My reading is that ADA is the quiet strength play in a red market, because it fell less than 2 percent while Bitcoin dropped 6.51 percent and Ethereum fell 5.6 percent, and five closes around 0.170 dollars show buyers are not letting it go. A long from the current zone, with a stop below 0.1650, targets 0.1750 first and then 0.1800 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does ADA break 0.1750 first, or lose 0.1650 first? đ€
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
