ADA ready for a Bullish rally✅
In daily timeframe, ADA is forming an inverted head and shoulder pattern, which is a very important pattern at the END of a long descending channel. The 0.618 Fibonacci support(0.93) could be ADA's last DIP. We consider the breaking of the 4-hour timeframe resistance as an important signal for BUY. Here we have the conditions for a good trade with a high risk-to-reward ratio. After a 4-hour resistance break, there is a good opportunity to buy. Then a $1 resistance breakout could be the second important buy signal for a mid-term trade.
One Week target: 1.248 (1 fib)
6-week target: 1.594 (1.618 fib) cause VASIL hard fork.
* May decline to 1.86 (0.786 Fibonacci)!
One Week target: 1.248 (1 fib)
6-week target: 1.594 (1.618 fib) cause VASIL hard fork.
* May decline to 1.86 (0.786 Fibonacci)!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.