ADABTC - Dirty chart with ranging price !
Some people say ADA has broken it's main resistance, but they don't consider the price ranging almost for 2 month after that (because of market condition and btc price movements)
so ADA has a important resistance ahead and if impulse wave has enough power we're gonna break the resistance but if we can't we're dropping again.
you can see we already finished a full Elliott wave up (5 wave) and it's entrancement (abc) and we're kind of ranging to form a new impulse wave. right now price movement is heavily depends on market momentum and especially BTC price, so I advice to manage your risk and don't put much money in these trades because market condition is not clear and trading in this situation is so risky.
so ADA has a important resistance ahead and if impulse wave has enough power we're gonna break the resistance but if we can't we're dropping again.
you can see we already finished a full Elliott wave up (5 wave) and it's entrancement (abc) and we're kind of ranging to form a new impulse wave. right now price movement is heavily depends on market momentum and especially BTC price, so I advice to manage your risk and don't put much money in these trades because market condition is not clear and trading in this situation is so risky.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.