Analysing previous patterns of this coin on 4h interval:
- might became bearish if drop under 40 RSI or might turn short term bullish if cross 43 RSI,
- there is already drawn sphere of inverted cup (and handle), could drop significantly to possible buy area 1&2,
- there is also hidden bullish divergence,
- If cross 70 RSI, than ADA should turn full bull mode on.
Buy area 1 & 2 would be my entry zones, while buy area 3 highlited on RSI (if cross RSI 70) - my major add zone
- might became bearish if drop under 40 RSI or might turn short term bullish if cross 43 RSI,
- there is already drawn sphere of inverted cup (and handle), could drop significantly to possible buy area 1&2,
- there is also hidden bullish divergence,
- If cross 70 RSI, than ADA should turn full bull mode on.
Buy area 1 & 2 would be my entry zones, while buy area 3 highlited on RSI (if cross RSI 70) - my major add zone
Trade active
RSI 70 was crossed what means bullish confirmationTrade active
100 BTC sell walls are being eatean on Bittrex. Volume increasing.Trade closed: target reached
ALL targets reached
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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.