It is likely that I´ll only buy the first order, but in case it fall I don´t believe it will go lower than the last support I traced.
Have a good one guys, ADA is really strong for the future, leave your thoughts.
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If we take a look at previous data than we see how the 200 ema is acting very well as support. Now we bounced again from the 200 ema and if history repeat itself we might see follow through.
Besides this we are at major support, we are actually trading in a sideway channel.
ADAUSDT is forming a nice looking ascending triangle on the 4H TF.
A false breakout is possible so becareful before you open your positions. I suggest 2 candle close on 4H TF before entering the trade.
The White Energy just crossed above 50 Percent in the CURRENT 3-Day Candle. I'm of the opinion to wait till the NEXT 3-Day Candle beginning August 13, 2020 before attempting to make a decision on a swing trade.
ADA is the third top coin that will give good growth during the Altseason.
It would be nice if the price went down
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Waiting for your comment, what do you think about this?
These are the 3 main Types of correlated charts I am seeing in the Crypto space.
Type 1: These charts have moved off the low but have not yet broken out. These are lagging the others (i.e Not many people are paying attention = opportunity). e.g EOS
Type 2: These charts have broken out and are consolidating above or near the previous high. These are...
I must EMPHASIZE to have proper safeguard in place (STOP LOSS) in the event of a POTENTIAL deep pullback in the near future for those of you who are day trading or trend trading with Near Term Group (24h, 2-Day, 3-Day & 4-Day) -OR- Mid Term Group (3-Day, 6-Day, 9-Day & 12-Day) of time frames. KEEP IN MIND: If you are mainly an investor and decide to implement a...
This is very extensive view on ADAUSDT where we have price breakthrough huge DESCENDING downtrend pattern and since then holding firm with strong volume.
Focus more on the chart, every action to be taken is clearly stated as I expect wave 3 to be completed soonest, then correction will follow to the marked immediate support zone, where further long...
ADA is being really bullish lately. Right now its doing perfect Bull Flag, right after last pump. We already formed required waves. So its straight forward and easy to watch for the breakout of the flag.
Of course we can consider a drop for another wave down, so let's pay close attention on what happens next.
The RSI is crossing back the previous...