Here are the ADA Technical analysis using Gann method.
In the markets like that most calssic technical analysis fail to predict the correction point but our method is more accurate
I expect a small correction from 0.38 ~ 0.4 till 0.337 ~ 0.34 which may be a great point to buy for a target of 0.52
I will take that trade as following:
I will sell if the price touched the marked point or reached to that time (marked with dots. NO SL, If the price continued to go up, i will sell another 50% @ 0.433 with SL of 2 up candles above 0.433)
TP will be @0.337 ~ 0.34.
If it touched the 0.337, i will close the sell position and open another buy position @ 0.377 to achieve the target of 0.52 and SL = getting out of marked triangle.
Many people may see my method is complicated because there is no defined SL but this is the secret. you have to work with the chart.
My method consider the time factor with price so i wait for a specific price and a specific time to decide the entry point.
Have a nice day full of profit