Looking at the chart if we are able to sweep liquidity from the previous high and retrace back to the (0.786 Fib level ) it will be a good level to buy from again as we will need to fill the imbalance and retest that level for more buyers to enter.
Looking at the chart if we are able to sweep liquidity from the previous high and retrace back to the (0.786 Fib level ) it will be a good level to buy from again as we will need to fill the imbalance and retest that level for more buyers to enter.
Looking at this simple Fibonacci drawn on the weekly time frame , we can clearly see that we were accumulating in the EXTREME ZONE( 0.88% Level ) a very good area to buy from and the first target will be the equilibrium level (0.50%) , this will be a very good return on investment long term or short term. #ADA TO THE MOON!!!
If you know how to use the MACD and RSI indications you will know that what we are currently looking at is a 4HR Buy continuation that is forming and taking place, our bullish break might come sooner than we think! BUY ADA NOWWWWWWWWWWWW!!!!!!!!
We have entered a Monthly and weekly Imbalance Zone, best time to buy!! Looking at the Fibonacci we are below the 0.88% Zone , known as the Extreme Zones another good place to buy from, once we get a solid break above the 0.88% Level, that will be our first indication to start stacking up on Ada as we will see more Bullish movement!!!
Looking at the Monthly time frame we can see a lot of bullish signs , we have broken the previous monthly high, we have retraced back into the Demand Zone that caused the break of the previous high, we are now waiting for that final break towards the upside to support the bullish move, this will be the best time to stock up on ADA!!!
We have reacted to a very strong demand level; as seen by the wicks on the candles ; Ada is ready to take off
We have been accumulating for some time; but simply put we had a break of the previous high; we have now retraced into the Demand Zone that caused the break of the previous HIGH ; indicating that we are ready to continue this bullish momentum #ADATOTHEMOON