ADA - showing Ascending Triangle ( This is Bullish Pattern)
#ADAUSDT
1. pattern is an Ascending Triangle - Bullish Pattern
2. Price coming back to $2.12 would make a Double Bottom Pattern - Bullish Reversal Pattern
3. Flat Volume and Flat Price allow for accumulation to occur - Very bullish if it breaks out
4. Flat MACD - Good for bullish continuation
5. Flat Price Movement allowed rsi to return to mean - Good for bullish continuation
Price Action/MACD/RSI are relatively bullish. Double Bottom within ascending Triangle Both Bullish.
Requirments To Trade
- Bitcoin Must Close above 60K on a daily TF.
- Entry: $2.12 area (double bottom confirmation)
-( Entry 2)Breakout of 2.33 area
1. pattern is an Ascending Triangle - Bullish Pattern
2. Price coming back to $2.12 would make a Double Bottom Pattern - Bullish Reversal Pattern
3. Flat Volume and Flat Price allow for accumulation to occur - Very bullish if it breaks out
4. Flat MACD - Good for bullish continuation
5. Flat Price Movement allowed rsi to return to mean - Good for bullish continuation
Price Action/MACD/RSI are relatively bullish. Double Bottom within ascending Triangle Both Bullish.
Requirments To Trade
- Bitcoin Must Close above 60K on a daily TF.
- Entry: $2.12 area (double bottom confirmation)
-( Entry 2)Breakout of 2.33 area
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