ADAUSDT 4H
Fundamentals/News:
almost all financial markets are waiting for Fed interest rate decision this week.
Estimated the rate will rise in a range between 0.75-1
most staying out of the market and wait for clear direction.
Technical:
Presently, the price has reached the position of the previous 4-hour demand zone (0.4240-0.436) and temporarily stopped falling
But there is still no clear signal
Entry signal
do long "only if" when the LTF is in the demand zone (0.4240-0.436),
and return to HL-HH constructure,
or K bar appears as a clear signal
First TP: 0.451
Second TP: 0.463
Third TP: 0.483
SL is the lower edge of the demand zone at 0.424
All are personal opinion, not investment advice.
Any suggestions and feedback are welcome!
almost all financial markets are waiting for Fed interest rate decision this week.
Estimated the rate will rise in a range between 0.75-1
most staying out of the market and wait for clear direction.
Technical:
Presently, the price has reached the position of the previous 4-hour demand zone (0.4240-0.436) and temporarily stopped falling
But there is still no clear signal
Entry signal
do long "only if" when the LTF is in the demand zone (0.4240-0.436),
and return to HL-HH constructure,
or K bar appears as a clear signal
First TP: 0.451
Second TP: 0.463
Third TP: 0.483
SL is the lower edge of the demand zone at 0.424
All are personal opinion, not investment advice.
Any suggestions and feedback are welcome!
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