Local trend. Clamping zone. Logarithm. Timeframe 1 day.
The same parameters on the line graph.

Secondary trend for understanding the work area.
ADA/USD Secondary trend.

The main trend for understanding accumulation and distribution zones.
ADA/USD Main trend

The same parameters on the line graph.
Secondary trend for understanding the work area.
ADA/USD Secondary trend.

The main trend for understanding accumulation and distribution zones.
ADA/USD Main trend

Note
Price is moving in a downward channel. From breaking through the sidewall at values around +800% (another distribution zone), price fell -40.9% (a second target of 40.11% was shown) exactly to the value of 0.237.
237 again). Does anyone still harbor the illusion that this is all a fluke? If you still think that, then randomness will crush you with unbearable pain, it's not so much about this cryptocurrency. Local levels (reversal zones are shown with arrows). Observe risk management, don't fool yourself.
The price from super pumping inadequate +6000% (not from the minimum, but from the average set accumulation price) went down to -91%. I want to emphasize that this -91% is +400% at this point from the average coin accumulation price. And not from the minimum price !!!
Note
But, a breakout is also possible. The local trend has a rather "sharp angle" (strength of the trend). If the trend continues (general situation in the market), then the first targets this zone of the former horizontal channel.
It is worth noting that like any HYIP crypto coin (marketing, money funds) this coin is on the super profit. Therefore, when working on such crypto coins, consider the risks and limit them.
Trade active
4 03 2024
A good long term entry zone for this cryptocurrency. Medium-term urgency can be taken this move to the $1.14 level zone (mid-pump bowl, usually pullbacks or consolidation from it).
Horizontal channel of accumulation for more than 1 year. Breakout of its resistance. We are entering the "participation" phase of the Dow (in 2024 the previous highs are likely to be overcome). Participation is a price rise to the "distribution" phase zone (selling in 2025). As a rule, it is +500-800% for liquid trading instruments and more than +1000% for medium liquid ones. In 2025, the highs will be much higher than before, despite the super profits now.
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Related publications
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.
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Related publications
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.