Hey everyone!
Just some quick chart analytics for ada. As we can see ada has huge support around $1 and looks to be like alot of accumulation going on.
On the smaller time frames there is an inverse head and shoulders (hourly) inside the bigger trend which looks to be like a Wyckoff accumulation pattern.
Trade Idea
Enter: $1.25
SL: $1.15
TP1: $1.8 (47%)
TP: $2.47 (96%)
If your using leverage then please be careful and use a stop loss.
If this trade plays out on 10x leverage then thats a nice 960% gain!
Happy trading.
Just some quick chart analytics for ada. As we can see ada has huge support around $1 and looks to be like alot of accumulation going on.
On the smaller time frames there is an inverse head and shoulders (hourly) inside the bigger trend which looks to be like a Wyckoff accumulation pattern.
Trade Idea
Enter: $1.25
SL: $1.15
TP1: $1.8 (47%)
TP: $2.47 (96%)
If your using leverage then please be careful and use a stop loss.
If this trade plays out on 10x leverage then thats a nice 960% gain!
Happy trading.
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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.
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.