ADA (ADAPERP) – Long signal

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BUY: 1.07 – 1.12

TARGETS:
1) 1.24
2) 1.45

STOP: When a 4h candle closes below 0.98

Rationale:
-The 100 and 200 EMA have acted as strong support for the duration of the uptrend.
-When price touches the 200 EMA it usually responds with a large bounce up.
-The 200 EMA corresponds with an area of local support (buy zone).
-The confluence with the 200 EMA and support zone gives us confidence in taking a long position.

Your risk, your reward. This is not financial advice.
Happy trading.

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تم فتح الصفقة

Target 1 hit