ADA/BTC has found a new support, good buy opportunity
The price recently broke downwards from the major previous support levels.
However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume, creating a new support at this lower level. The MACD is also giving us a bullish signal.
I have placed the buy zone between the pevious and the new support, with the sell targets at different resistance points.
Buy below. 0.00004500
Take profits
@ 0.00005134
@ 0.00006062
Stop if new support is broken @ 0.00003500
Follow us on telegram (t.me/cryptowhaletrading) and twitter @crypto_spain
However, there are good signs to think that a trend reversal is taking place. Buyers stepped in at around 0.00003500 with quite a bit of volume, creating a new support at this lower level. The MACD is also giving us a bullish signal.
I have placed the buy zone between the pevious and the new support, with the sell targets at different resistance points.
Buy below. 0.00004500
Take profits
@ 0.00005134
@ 0.00006062
Stop if new support is broken @ 0.00003500
Follow us on telegram (t.me/cryptowhaletrading) and twitter @crypto_spain
The price reached the first target.
The volume of buyers also spìked soon after the idea. Let's see if the push upwards leads us to the second target