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ADa already has :
- Fundamentals to support it,(staking soon available)
- Macro economic indirect fundamentals: USD devaluation due to inflation
- has correlations ( BTC breaking 10k)
Now I'm finding ideal entry point based on:
- Volume zone
- Volume profile
- Trendline
- Fibonacci double retracement
- Fundamentals to support it,(staking soon available)
- Macro economic indirect fundamentals: USD devaluation due to inflation
- has correlations ( BTC breaking 10k)
Now I'm finding ideal entry point based on:
- Volume zone
- Volume profile
- Trendline
- Fibonacci double retracement
Comments
I know normally without the volume I would also disregard these wicks as an abnormality in the trading pattern, but with this amount of volume when I was ADA I felt I was unable to disregard them due to the volume.
What gives you this confidence specifically on the wicks from 8/1/2020 with the significant amount of volume?