Long setup for ADA
Updated
Hello my friends
cardano after some rest and making a p wave (also known as triangle) and breaking out , we expect a new bull run
I myself belive that it would be like pump .
so reasons to buy:
1-confirmed W pattern
2- breaking out with high volume
BUT you can wait a little I think there will be a pullback to 2.95~ , we had 9 bars which is a basic ichimoku number + RSI overbought zone and also BTC reached day of change which could make it go down a little and this friday we have nfp news .
I set Sl at 2.8 and my target is 4$
Good luck
support me with your like and comment your opinion
cardano after some rest and making a p wave (also known as triangle) and breaking out , we expect a new bull run
I myself belive that it would be like pump .
so reasons to buy:
1-confirmed W pattern
2- breaking out with high volume
BUT you can wait a little I think there will be a pullback to 2.95~ , we had 9 bars which is a basic ichimoku number + RSI overbought zone and also BTC reached day of change which could make it go down a little and this friday we have nfp news .
I set Sl at 2.8 and my target is 4$
Good luck
support me with your like and comment your opinion
Note
NFP news was good for us :)Note
we are still above of triangle and tenken-sen which is 2.9 in 4h time frame if 2.9 breaks we should probably change our mind but a confirmed breaking down
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