ADA Double Bottom, possible break to the upside.
Been watching this chart for ages, The stoch RSI on the 4 hour is crossing over and is reading very oversold. Possible double bottom pattern with potential breakout out of the descending wedge definitely possible.
SL@ 750 sats for is support breaches.
If bitcoin continues with another parabolic move it could happen. But there could be room for a strong reversal here which has a high reward and relatively low risk.
SL@ 750 sats for is support breaches.
If bitcoin continues with another parabolic move it could happen. But there could be room for a strong reversal here which has a high reward and relatively low risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.