take it past the previous lower low trade invalid if breaks and closes (clearly) above previous higher low
wait for pullback rejection towards 1783 enter once momentum pushes away from area
ada approaching previous resistance 2.2 zone this is an excellent area to get it at this price i believe we will get a surge or some kind of reversal and or test from this area!
3400 support area is a retest and is already showing price action pulling away we go to lower time frame i like 10mins we can wait for a double bottom once the bounce is validated by price pulling away an entry can be made
off my previous idea Microsoft never enter on the breakout the market fell so that just opened up for another opportunity so where did it fall? right at 301 where i have already drawn out as critical zone that has been used repeatedly in the past parameters of enter stop out and tp is as shown good luck if you take the trade DONT TAKE TRADE IF MARKET DONT PULL...
clear pullback in previous resistance in line with uptrend i believe its going back up to 380 and up lower time frame decent entry and reasonable stop out targets
best to enter when price clearly breaks out to the top side the trend is valid so i anticipate the recent high to be tested and or broken so that is why that is take profit.
microsoft so break 305 and head to higher numbers nice break and retest structure going on and i believe it will continue to pattern
clear parameters in place main trend still bullish lower timeframes have clear support double bottom entry is breakout of minor resistance
100 pips one direction, consolidation, fakeout/stophunt, reversal at the high of the day only thing that concerns me is that the uptrend on main trend still in effect but the 4hr has shown resistance at previous support around 30th of august
i mention in my previous ada post that if we see a push outside the range that it will push to 2.5 because its a very strong are of price for cardano. the next stop i believe is back to 2.2 2.3 price range
currently we have range price action from ADA be aware the a breakout could make its way to illustrated numbers i expect if we have an upwards break then we will see a retest to 2.5 then fall. a downwards to 2.2 will be optimistic for a retest to 2.8
apple pulling back towards main trend i have it going to mid 150s clear support on lower timeframes (10m)
fib 50% pullback with nice clear triple top rejection on lower 10min timeframe in 1.3850 zone could be a nice 50 pip move to the downside
higher and lower timeframe we have eurnzd in main down trend then we come over for lower tf for entries there we see 3 clear denies in 1.6625 zone early entries can be made near zone or break of trendline use proper management
i anticipate this pair to fall i have 10m timeframe for clean short entries heavy usd news this week so this pair has a ton of room, to go short
i anticipate ada to retest 2.50 area before a slide back to 2.20. it appears these price zones have become important areas as of late and could be used to make a judgement on buying more or clearing coins as an ADA holder
strong surge from ada! with the smart contracts hitting the public test net tomorrow lets see how price action unfolds. lets see if ada holds at 2.8 if it does i anticipate a drop back towards 2.5 zone this could be the next area to start buy ada coins before heading back to all time highs of $3 if all things go well could be awhile before we see these prices again !