Hello everyone, if you like the idea, do not forget to support with a like and follow.
ADA is sitting around the round number 2.0 in green so we will be looking for buy setups on lower timeframes.
on H4: ADA formed a valid trendline in red but the setup is not ready to go yet.
Before we buy, we want the bulls to prove that they are taking over.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, ADA would be overall bearish can still trade lower and break below the 2.0 round number.
In this case, the bears would take over, we will be looking for new buy setups to form as it approaches the blue support zone around 1.50
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ADA is sitting around the round number 2.0 in green so we will be looking for buy setups on lower timeframes.
on H4: ADA formed a valid trendline in red but the setup is not ready to go yet.
Before we buy, we want the bulls to prove that they are taking over.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, ADA would be overall bearish can still trade lower and break below the 2.0 round number.
In this case, the bears would take over, we will be looking for new buy setups to form as it approaches the blue support zone around 1.50
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
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Best CFD broker - Tickmill
cutt.ly/TickmillReal
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kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.