🎢ADA: where to open a LONG? And targets for you!

29 באפר׳ 2022

🚩🌟ADA is down by -35% from its ATH and is in a permanent downtrend. A long and exhausting correction is making retailers want to sell, but we need to get the situation right. What does the chart currently shows? When to open a long trade? I will show a few scenarios that seem most likely to me.

On the chart I have marked out these liquidity gaps:
🔶$0,91-0,94
🔶$0,98-1,06
A liquidity gap is a price range where the price can't stay for a long time due to the lack of buyers and sellers. That is the reason why the price breaks it so easily without any resistance.

To open a trade, we need to see signs of bulls' strength:
🔥false breakout, liquidity collection, stop loss hunting in the $0.79-0.82 value zone
🔥increased volumes after liquidation
🔥squeezing under the trend line

🎯Targets:
$0.9
$1.07

Friends, share your ideas in the comments! What are your targets for ADA? Is it brake $1 in a month?

Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

5 במאי 2022

עסקה פעילה

Hi friends! As you can see, ADA is almost following my scenario. The price fell a little lower and broke through the value zone. The stop-losses were collected below the key level. Take a look at the volumes. Huge liquidations on a false breakout of the key level. This is an indicator of a big player.
Keep in touch!