ADA.USDT (Y20.P4.E2.v3).Looking for the next long
Mis à jour
Hi All,
Another continuation post, links below.
Main points:
a) upward pressure in the short term. If you havn't bought in, buy after the break of this trend line and its retest.
b) small time frame we have an uptrend
c) at the macro level, this trend line can be support as per chart below
d) Phoeix on the daily has upward pressure
e) Target is based on the harmonic structure which has confluence with the main resistance.
Cheers,
S.SAri
Daily chart
Weekly chart, just by a wisker above the main resistance. Needs to hold
Another continuation post, links below.
Main points:
a) upward pressure in the short term. If you havn't bought in, buy after the break of this trend line and its retest.
b) small time frame we have an uptrend
c) at the macro level, this trend line can be support as per chart below
d) Phoeix on the daily has upward pressure
e) Target is based on the harmonic structure which has confluence with the main resistance.
Cheers,
S.SAri
Daily chart
Weekly chart, just by a wisker above the main resistance. Needs to hold
Commentaire
my other chart for a previous post, gives a bullish perspective.Commentaire
My Macro hypothesisCommentaire
2 scenarios...from a bullish perspective.Some downward pressure is there but not to be deep. We can potentially have a bounce here
Commentaire
Go long with the dips on ADA, I'm bullish as we have not really hit the main resistance.(not log enabled)
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