bearish div will confirm if we make it up there on high time frames. .618 fib is also at that level and will act as resistance and a easy invalidation.
ada prediction without a relief rally with buy levels and tps
ada chart with buiy levels based on fibs and trend lines. if we get a relief rally here this is what i see playing out. if we dont see next idea.
3 levels based on fib retracements and trend lines for long term holds and/or a short term swing trade
Entry on touch of top of trend line. Tps marked with horizontal rays
Long on tough of white trend line trend line to targets marked on chart Or short break of white trend line to targets marked.
Head and shoulders marked in orange. Potential short entry between red lines. Tp1 2025 all the way down to 1880
Entry on blue ray. Stop loss under ray. Could be a great trade.
Either back test that resistance line we just broke out of and take off or break down. Good opportunity on both sides. Using trend lines for stops and entries. Feedback much appreciated.
last two break outs of descending trend led to over 15 percent to the up side. Waiting for retest on btc chart before entry. Close above 35k on btc on higher time frames will be enough for me to enter
Retest and go up. Or Break back below new support and break down to make new lows. If you zoom out you can see the rays from daily time frames to mark targets.
Noticed a flipped support line into resistance. Looks like a good short
Retest top of ascending channel then break down to retest original breakout point before going up