NicholasPrice

NicholasPrice

So while we have a lot of small movement and sideways action on BTC, ADA's correction is a bit more exaggerated. Already moved down more but also presenting a Head and Shoulders on the 1h. I think we won't see a huge sell off as it is just the 1hr TF and mostly following BTC, I think this will result in a normal 4h correction before another bull move.

NicholasPrice

Looking to see if BTC finds support here or breaks bearish. If Bearish I would expect at least on the second attempt not the first as BTC has already moved along way and approaching 30 on the 4h RSI. If support is found to be strong enough I will be buying in expecting at least a couple of days of upside. Regardless good risk v reward ratio with stop loss not...

NicholasPrice

So clear Head and Shoulders progressing on the 4h TF, the neck line is also the 20MA on the daily TF. So is this back test going to pass or fail?