ADA/USD 4hour Breakdown
ADA is currently in a retest, failure to break this retest will lead to a break down of the price to start the of the extreme impulse we saw, Where buyers have set limits.
If ADA breaks past this retest we can see IMB's get filled where sellers are waiting for price to test and show sign's of loss momentum before the continuation of the trend and price break down.
We are currently seeing IMB's get refilled. Wait for PA to show us where the market wants to move don't let your emotions run wild, Don't try to tell the future and just follow PA.
If ADA breaks past this retest we can see IMB's get filled where sellers are waiting for price to test and show sign's of loss momentum before the continuation of the trend and price break down.
We are currently seeing IMB's get refilled. Wait for PA to show us where the market wants to move don't let your emotions run wild, Don't try to tell the future and just follow PA.
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.