Cardano / Bitcoin

ADABTC Mid Term Trades

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While bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself.

First trade is already in progress.

My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch back long to complete wave 5 of the three.

THiS IS SIMPLY AN IDEA. NOBODY KNOWS HOW THE MARKET WILL PLAY.
but sometimes having a plan IN CASE the market does react favorably allows you to make the most of out the movements.

I will be updating the idea as it plays out.

Stay hungry friends.

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