Remember to have entry orders in place to average this tradeās entry, and take 30% of profits in the first 2 Targets. After taking profits, move stops to entries or to breakeven levels. Keep in mind current market conditions and risk management.
$ADA price stopped at the support zone with the lower boundary of $0.9. If the price consolidates above the support zone, it will head back to the important $1 level.Ā
But we should not ignore the liquidity zone near $0.86, where the price may drop into and where the true reaction will take place.
Remember to have entry orders in place to average this tradeās entry, and take 30% of profits in the first 2 Targets. After taking profits, move stops to entries or to breakeven levels. Keep in mind current market conditions and risk management.
We were able to ride the bullish momentum of market as #BITCOIN Dominance was going down for more than 3% visiting our 1st target zone.
As expected, this index showed some reaction at our target level and went up again. Now the red circle could be the zone that #BTC can allow some money float back into #ALTCOINS for a retracement phase!
However, we have to be careful, if this index starts it's bullish movement from the first blue circle, it can make a stronger comeback, driving #Alts into a bigger correction again. But if it goes further down to our 2nd target level, then there will be more space for #cryptomarket recovery before a bigger correction starts! š§