Long
Long ADA, Spring action, Hidden Divergence
A bit noisy down the 30-minute chart, but if this last 30-minute bar closes in the green this is a long one.
Stops were taken and the price can go up.
Longer-term charts say the trend is up. Also my setup worked several times in the form of AB=CD Spring setups and when my setup works I know we are in an uptrend so I have to take them all.
Highlighted areas might be short-term targets. The second one is 161% Fib extension and a round number
There is some hidden divergence on top.
Stops were taken and the price can go up.
Longer-term charts say the trend is up. Also my setup worked several times in the form of AB=CD Spring setups and when my setup works I know we are in an uptrend so I have to take them all.
Highlighted areas might be short-term targets. The second one is 161% Fib extension and a round number
There is some hidden divergence on top.
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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.