ADA seems to be in this descending wedge channel. The Stoch RSI is confirming a bounce inside wedge. Could take 5-6 days for the breakout upwards. Looking forward to the profits from this one. 40% profit at .00001195.
Trade active
Everything is looking good. Trading has been moving within the channel and is ready to break out. Trade active
boom. A nice breakout. here are the trade details:
Trade closed: target reached
tp4 reached. Still has some more to go. will update new tpTrade active
new wedge forming. This is off the 4hr chart so there is still a chance ADA will be finding its local bottom. Trade active
It appears that ADA is going to be looking for support. It has had a pretty explosive breakout. This chart is showing the current diverging channel it is in and the support that lies below. Support 1 @ 3900
Support 2 @ 3300
Support 3 @ 1500
Trade active
testing new channel
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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.