ADA NEXT MOVE!
Updated
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ADA what's next from a short-term and long-term perspectives.
As we clearly see price is trading inside this falling wedge pattern, so we are still overall bearish.
However, for the bulls to kick in from a long-term perspective we need a break above the marked major swing high from daily time frame.
Meanwhile, and until that happens, we are still bearish searching for new shorts as well.
For the bears to kick in we need a break below the marked swing low then a further movement lower would be expected as well.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
ADA what's next from a short-term and long-term perspectives.
As we clearly see price is trading inside this falling wedge pattern, so we are still overall bearish.
However, for the bulls to kick in from a long-term perspective we need a break above the marked major swing high from daily time frame.
Meanwhile, and until that happens, we are still bearish searching for new shorts as well.
For the bears to kick in we need a break below the marked swing low then a further movement lower would be expected as well.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
TELEGRAM CHANNEL: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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