Cardano / TetherUS
Long
Updated

ADA/USD secondary trend. Wedge. Mirror level.

678
Local trading situation. A wedge is being formed. The price is at its resistance. Local targets in case of a breakout, as well as in case of further formation of a wedge in the zone of previous accumulation (redistribution is more correct).

snapshot

It is also worth noting that the price is also near the accumulation - redistribution range (the average price of the set is highlighted in green).

This redistribution zone is accumulation on a larger scale of the chart

snapshot


Main trend. 1 month

ADA/USD Main trend
ADA/USD Main trend
Note
27 07 2024
ADA /USD Main trend. 07 2024

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.