ADA, Priority is LONG, But...

Straight out the gate, priority is LONG there. The price has just broken through the triangle and at the moment when I write this text #ADA trades above one. We have a very strong resistance, it is located at 0.00001135. Above this level located a bunch of SHORTers stop losses, looks juicy. In case the price break through this level and takes hold above one - we can open a LONG position confidently. HOWEVER, if buyers weren't strong enough at the price will fall below 0.00001127 level, the priority will change to SHORT.

One more interesting moment: #ADA has a good correlation with #LTC, you can notice this by just one look at their charts. Good trading-tool, take a note. If you found this idea interesting, do not forget to Like it and subscribe to the profile, so as not to miss our updates!