Personally accumulating more ADA here (LONG).
The previous pattern broke to the downside resulting in this falling wedge which has a very good chance of following the wider market and pushing through some resistance levels.
Got a number of positive flips on the daily timeframes indicating a short term bottom, as well as some bullish signals on the shorter timeframes indicating probable moves to the upside in the coming days.
** NOT TRADING, INVESTMENT OR FINANCIAL ADVICE **
The previous pattern broke to the downside resulting in this falling wedge which has a very good chance of following the wider market and pushing through some resistance levels.
Got a number of positive flips on the daily timeframes indicating a short term bottom, as well as some bullish signals on the shorter timeframes indicating probable moves to the upside in the coming days.
** NOT TRADING, INVESTMENT OR FINANCIAL ADVICE **
Note
On the cusp of a breakout. If volume doesn't kick in this will likely drop to lower wedge support offering another good DCA point in my personal opinion.Note
On track following the breakout we expected above. Likely to move sideways and staircase up to $2.60 area. Then onto ATH in my personal opinion (not financial advice).Note
Broke out to golden pocket as expected now looking to validate the resistance turned support. ~2.05-2.10 before moving up
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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.