ADA has double top
Evening star on daily
Printing lower low on RSI
Stoch is bearish, waiting for a lower high to enter
Retest of red support as resistance
Target 1 & 2 in black
ADABTC target 0.00002211
Evening star on daily
Printing lower low on RSI
Stoch is bearish, waiting for a lower high to enter
Retest of red support as resistance
Target 1 & 2 in black
ADABTC target 0.00002211
Note
target 1 reachtarget on adabtc went a bit below
we could bounce down from the channel or the red resistance toward target 2
but this is a higher risk trade and i won't open a new position
partially closed at target 1 and will let the rest of the position run in case we reach target 2
Trade closed: target reached
Note
i think ada is going to attempt that breakout now...
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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.