Contemplating this crazy crypto selloff, I was looking for correctional moves on different coins.
ADAUSD reached a major daily demand zone this week. I was looking for a confirmation to buy the coin on lower time frames.
My confirmation was a bullish breakout of a resistance line of a bullish flag pattern on 1H time frame and a tiny double bottom formation within its boundaries. I bought on a retest.
Then the market bounced sharply giving +16,7% of pure profit.
What a great winner!
Did you catch this move?
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