Potential counter trend for the mini downtrend if it can happen there will be a chance for the switching accumulation which can send the price .30sh and maybe more. So much potential upwards and it looks like sellers have already leaving and buyers coming in. Will see will it play or not.
Hello guys, I can see that previous support line got a reaction as a new resistance on LTF ;but, still I'm not sure that flipped or not on HTF, so following days will confirm it or not. Good luck and all the best for everyone. Don't forget that this is NOT a financial advice. Just shared my thoughts about my trade idea. Always make your own research.
Hello Folks, Before starting the chart, I want to say that ADA has two news in this month. (If they won't postpone or cancel) 1-Roadmap Update 2-Shelley Testnet Launch I think these news will effect the price positively. Alright, previous big rally drop from 1944 to 910 and the price climbed to the 1213 where is a little bit above -Fib 0.236 level (1154) with...
Basically, I made this for fun guys but if Fib - 0.786 can hold then we can start to think ''seriously'' about it. Buy between : 297-313sat Stop-Loss : 269 and below Sell : All levels are clear in the chart so; if it play, you can decide when you want to take your profit. Also, it depends on the btc movement btw so don't be rush for to buy. Wait and watch...
Weekly rsi was overbought and it has sell pressure from the weekly ma50 so I think we just started to Phase D of distribution. Before to rise again, rsi needs to take breath also we need to check support lines. This brings a short opportunity here. Short between 5250-5150. Tp1 : 4920 Tp2 : 4780 If support lines broke, Tp3 : 4620 Tp4 : 4480 Stop Loss: over...