wongsakorns

ADA is forming falling wedge pattern, Wait and see for CRV

BITKUB:ADATHB   Cardano
ADA: In my opinion, this is a good opportunity to wait and see if the pattern is valid, the price has gone down a lot already. Okay to invest some amount at the support of falling wedge and some amount after the pattern is confirmed. Stop-loss should be around 5-10%.

CRV: Should wait and see for entry price first, don't hurry, as the price was moving in a verticle direction a few days ago, potentially indicate overbought situation. Can enter at around the support line, cutloss at around 5% if the line is not valid.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.