ADAUSD - From this simple chart, whole crypto market bullish?

٢٧ ديسمبر ٢٠٢٤

While its not necessary obvious to guess next move on BTC, some alts like ADA can help a lot

ADA made a rebound on the weekly 200MA on the 20th of December, that mark was also a support from the previous high made in feb 2024 and another support on feb 2022

as we are talking with big timeframes, chances for the asset to go under 20th December lows are very unlikely (but still possible), making the WHOLE crypto market still very bullish

what now ?

We can easily revisit ATH at 3, the faster we reach it, the higher we can go next
3 possibilities : February, April or September

not financial advice
Cheers

١٣ يناير

تم فتح الصفقة

Opened a x3 here SL 0.759
not a financial advice its just to track a bit the idea I'm making and to be more transparent with my trades

١٣ يناير

ملاحظة

Updated SL to 0.679 cuz I fear another drop to 86k for BTC, its k cause its a 1,5% trade, would put me a bit red tho
will add the double at 0.69

١٣ يناير

تم إغلاق الصفقة يدويًا

closed at 10% profit, will wait for lower lows
was also to try this new approach : all my funds are still cryptos not fiat I'm using multi collateral margin

٣ فبراير

ملاحظة

for now still valid despite today's move
need to close weekly below 200ma to be invalid