Remember my last analysis on ADA?
This “old” picture:
Another marker has arrived.
As suspected, we officially bounced off that old trend line
and already created a new high this week, with the price
hovering just shy of resistance @ $1.00USD.
As such, I fully expect another pull back, so I took profits from the trades made first week of August.
A cool 20%.
Ka-ching!
and set additional market orders
Dollar Cost Averaging down to the
latest support levels tested at $0.683USD.
My exit strategy on this short-term “long” position is to close the position when we start testing Resistance at $1.13.
(In the Featured Image, you’ll see the three yellow arrows signifying the price lines I will be buying as the price action dips.)
