PolarHusk

Long Swing Trade ADA/BTC

לונג
BITTREX:ADABTC   Cardano / Bitcoin
We are currently trading on Oct 2017 support level and at 28 RSI level which is already oversold condition.
I would personally like to see another touchpoint of the downward sloping support for the 4th time around 0.00000350 - 0.00000330.
This will signify some bulls are willing to buy at this very cheap price level for the accumulation stage.
We all know that BTC dominance is still the king so we want the trade to come us.
Let's be patient and see the action this month of September.
I know many traders are looking at this level to buy and hold to mid-term.
Our target is roughly up to 120% profit for a Long swing trade.

Buy Area: 0.00000400 - 0.00000280
Target Sell: 0.00000620
Stop Loss: 0.00000240

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