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

2024年12月27日

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

1月13日

交易進行

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

1月13日

註釋

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

1月13日

手動結束交易

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

2月3日

註釋

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