Adausdlong
ADA, Swing Trading Reference, Is It Time To Buy?As shown in the figure,
1. The red area is the resistance band.
2. The green band and the green line are support levels
3. The 30/50/60 MA on the 4-hour chart is forming a golden cross, which is likely to continue higher.
4. The Macd indicator is already above the 0-axis, and it may continue to rise.
In conclusion, there is a lot of people waiting to buy at the support level, and the current entry expectation is smaller than the stop loss, I think swing trading is appropriate now.
Thoughts from a trader with 10 years of trading experience. If you feel the same way, please give me a like. If you have a different opinion, please leave a message and let me know.
Your following, comments and likes will be the motivation for me to continue my analysis.
ADA/USDT BUYING SETUP (SCALPING)Buying #ADA/USDT (SCALPING)
$ADA Breakout symmetrical triangle and now has retesting . when correction showing low volume this is good for movement
BTC potential IHNS pattern and this the reason i brave to scalping setup
Buy zone : 0.4855 - 0.46
Target : 0.5147 - 0.5432 - 0.5728 - 0.6074 - 0.6640
Stop : 0.44
ADAUSD Weekly Double BottomADAUSD is showing a double bottom on the weekly 'Gaussian Channel' Indicator which shows strong points of support and resistance within a channel
ADA is breaking up out from a downtrend previously formed
This downtrend is small however (considered on the weekly timeframe)
On the Monthly timeframe the downtrend isn't really considered at all, price is way above the Channel, displaying the bull nature on this timeframe
ADA LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CARDANO as price shifted the market strucutre from bearish into bullish making the move above the last high (bos area) right now the price is filling all the bullish imbalances and if price reaches 0.90$ psychological area + bullish orderblock h4 i think a LONG entry would be nice.
What do you think ? Comment below...