Salaam
ADA broke descending parallel channel, descending trend line in the weekly time-frame.
Now pull back the trend line in daily tf.
Start trade.
Adding the next level at daily close above 4 seems a good idea for more confirmation.
Good luck
ADA broke descending parallel channel, descending trend line in the weekly time-frame.
Now pull back the trend line in daily tf.
Start trade.
Adding the next level at daily close above 4 seems a good idea for more confirmation.
Good luck
Note
It also retested the 61 FIBO level of the last weekly swing
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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.