ADATHB trade ideas
ADA is forming falling wedge pattern, Wait and see for CRVADA: In my opinion, this is a good opportunity to wait and see if the pattern is valid, the price has gone down a lot already. Okay to invest some amount at the support of falling wedge and some amount after the pattern is confirmed. Stop-loss should be around 5-10%.
CRV: Should wait and see for entry price first, don't hurry, as the price was moving in a verticle direction a few days ago, potentially indicate overbought situation. Can enter at around the support line, cutloss at around 5% if the line is not valid.
POSSIBLE DISTRIBUTION SCHEMATICS ON CARDANO!Hello my beauties.
It seems to me like the price could forming distribution schematics. The arrows are indicating more or less the events associated with a fully developed Wyckoff distribution, not an accurate prediction of what I expect the price to do.
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Peace.
Luca, TrickleDownFX