ADA Broke back down again

2021년 4월 8일

Here's a quick update on ADA 4 hr chart. As we can see, ADA broke out from the bigger symmetrical triangle but could not withhold its momentum due btc falling in price. It is now back in the triangle and the same idea goes again - buy the breakout.

The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 1.31$
2. 1.47$

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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!