First here's some bad news,
1. Ada may have a chance at crashing through the lower part of the triangle due to high resistance. I hope this doesn't happen.
2. Extremely uncertain of where support and resistance lines are near this area of the chart.
Although;
3. The huge falling wedge may be a huge sign for a bull run.
4. Impulse waves end, possible upward correction waves.
I hope this works out... $1.33 to $0.23 is scary. I hope Ada recovers from this.
Note: I am not a skilled trader and my analysis of this is test my accuracy in identifying different chart patterns. Please take my analysis with a grain of salt, this is not financial advice.
1. Ada may have a chance at crashing through the lower part of the triangle due to high resistance. I hope this doesn't happen.
2. Extremely uncertain of where support and resistance lines are near this area of the chart.
Although;
3. The huge falling wedge may be a huge sign for a bull run.
4. Impulse waves end, possible upward correction waves.
I hope this works out... $1.33 to $0.23 is scary. I hope Ada recovers from this.
Note: I am not a skilled trader and my analysis of this is test my accuracy in identifying different chart patterns. Please take my analysis with a grain of salt, this is not financial advice.
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.
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.