Long
Long ADA
Looks like trend reversed for ADA since November started. Volume increased substantially compared to October, probably in anticipation for coinbase. We are about to break this 1220 resistance which seems to be acting since Oct 11. Once broken, it'll act as support and will probably be retested in a corrective subwave. According to my analysis, we are now starting impulsive wave 3 after corrective wave 2 ended Nov 9.
Entry: 1180
Stop: 1130
1st target: 1450 (1.618 of wave 1)
Next targets TBD.
My analysis is for educational purposes only and should not be taken as investment advice.
Entry: 1180
Stop: 1130
1st target: 1450 (1.618 of wave 1)
Next targets TBD.
My analysis is for educational purposes only and should not be taken as investment advice.
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.
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.