Hi All,
Some thoughts around ADA in the short term. All Bullish.
If we look at the ADA.USDT chart, we can observe below why it made a break out.
Note the following:
> fib level and how the EMA ribbon has confluence for the 8 HRLY and the candle sticks.
> the next level is a strong resistance with a no. of rejections at this level. But eventually it will break.
> So if it doesn't break now, it will in my opinion form a bullish micro formation just underneath for there is too many things going on for ADA, in the news.

:::::::::::::::::: Observations :::::::::::::::::::
> Breakout was caused by a bottom W formation under the resistance as per chart below, for ADA.USDT. Soon to test the next resistance.
> All 3 indicators on the 8 HRLY, show bullish reversal, WT signals crossed over, waiting on the MACD.


:::::::::::::::::: My thoughts ::::::::::::::::::
> I have drawn the channel lines and potentially 2 scenarios. We cannot ignore this bullish candle.

Macro level targets based on inverted BARR strategy

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
ADA weekly chart > Conclusion, more room to go higher
Note indicators and MS\MR (monthly support and resistance levels) levels

Enjoy,
Please give me a like or tick for this post
Some thoughts around ADA in the short term. All Bullish.
If we look at the ADA.USDT chart, we can observe below why it made a break out.
Note the following:
> fib level and how the EMA ribbon has confluence for the 8 HRLY and the candle sticks.
> the next level is a strong resistance with a no. of rejections at this level. But eventually it will break.
> So if it doesn't break now, it will in my opinion form a bullish micro formation just underneath for there is too many things going on for ADA, in the news.
:::::::::::::::::: Observations :::::::::::::::::::
> Breakout was caused by a bottom W formation under the resistance as per chart below, for ADA.USDT. Soon to test the next resistance.
> All 3 indicators on the 8 HRLY, show bullish reversal, WT signals crossed over, waiting on the MACD.
:::::::::::::::::: My thoughts ::::::::::::::::::
> I have drawn the channel lines and potentially 2 scenarios. We cannot ignore this bullish candle.
Macro level targets based on inverted BARR strategy
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
ADA weekly chart > Conclusion, more room to go higher
Note indicators and MS\MR (monthly support and resistance levels) levels
Enjoy,
Please give me a like or tick for this post
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。