Here's a quick update on ADA 4 hr chart. As we can see, the price broke out from the triangle again but got rejected at the 1.25$ level. If the price breaks above 1.25$ level, it is then very likely to revisit previous ATH! 1.25$ is the level to watch here.
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$
Follow me for daily profitable trading setups!
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!