ADA SHIFT IN MOMENTUM
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ADA From a long-term perspective.
As we can see price is still overall bearish from a long-term perspective,
Price is still making clean lower lows and lower highs, recently price rejected our resistance zone and traded lower.
Meanwhile, As the price is trading lower, we will be looking for new longs from a shorter term as the price will be approaching our lower massive support zone.
However, for the bulls to kick in from a long-term perspective we need a break above the marked major swing high,
Then a shift in momentum from bearish to bullish would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
ADA From a long-term perspective.
As we can see price is still overall bearish from a long-term perspective,
Price is still making clean lower lows and lower highs, recently price rejected our resistance zone and traded lower.
Meanwhile, As the price is trading lower, we will be looking for new longs from a shorter term as the price will be approaching our lower massive support zone.
However, for the bulls to kick in from a long-term perspective we need a break above the marked major swing high,
Then a shift in momentum from bearish to bullish would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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