ADA, two strategies you should use in this range!
ADA is in a large trading range between the $1 and $1.15 levels. The entire cryptocurrency market corrected yesterday. In doing so, ADA tested its lower boundary, which is currently acting as support. In addition, it should be noted that there was not much volume at the time of the drop. This is a bad signal.
While the price is in the trading range, special attention should be paid to the lower and upper boundary of the range. The strategy for the range is breakout or false-breakout of the boundaries. A squeeze and breakout of the lower boundary will be a good opportunity to sell. Compression and breakout of the upper limit will be a good buying opportunity. In case of false breakdown, it is worth opening positions in the opposite direction.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
While the price is in the trading range, special attention should be paid to the lower and upper boundary of the range. The strategy for the range is breakout or false-breakout of the boundaries. A squeeze and breakout of the lower boundary will be a good opportunity to sell. Compression and breakout of the upper limit will be a good buying opportunity. In case of false breakdown, it is worth opening positions in the opposite direction.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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