ADA is situated into a wedge which is can be both bearish or bullish but if we zoom a little bit the picture we can see there inversed head and shoudler which can breakout soon
We have a target of 0.786 fib resistance which is 1299 sats -0.02% and also the top of this wedge .It s a really nice breakout setup to a long scalping
Targets: we put below fib resistance to be sure they will hit
1)1230 sats -0.02%
2)1270-1287 sats -0.02%
Stoploss:1138 sats -0.02%
We have a target of 0.786 fib resistance which is 1299 sats -0.02% and also the top of this wedge .It s a really nice breakout setup to a long scalping
Targets: we put below fib resistance to be sure they will hit
1)1230 sats -0.02%
2)1270-1287 sats -0.02%
Stoploss:1138 sats -0.02%
Trade closed: stop reached
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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.