DISCLAIMER: I just want to make clear that I'm fairly new to this market, so any opinions and advices are welcome! This could all be wrong but lets hope not! :) After doing the 3 ABC corrective wavesBITTREX:ADABTC is ready (and was already confirmed) for a new 12345, I'm a bit late on this TA because wave 1 and 2 are already done. (Great entry point would've been near the C-Zone at 4k sat) This is my third TA on BITTREX:ADABTC and all 3 were 'right', it may take time but HODL :
ADA is inside the cloud at 3H be careful if it drops bellow the cloud...
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Dropped bellow cloud, expect a big drop. Rebut on dip and HODL.
Đóng lệnh: dừng lỗ
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Dropped bellow cloud, expect a big drop. Rebut on dip and HODL.
Đã hủy lệnh
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Dropped bellow cloud, expect a big drop. Rebut on dip and HODL.
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If you still have ADABTC we could se a nice jump if it breaks out of the Ichimoku Cloud.
Tenkan crossed (upwards) Kijun and Kijun started pointing down on the 4H chart
On the 1D chart price is bouncing inside the Tenkan and Kijun, sadly Kijun > Tenkan...
Higher timeframes are "better" to use Ichimoku, and since 1D doesn't show as Bullish as 4H I won't consider this trade as "Open" nor "Active"
Trade safe!
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gyazo.com/e0934872b3b9fb8fdef6a42f5b878293 (screenshot) My first TA predicted the 0.786 Fib level as the wave 2 ending, sadly the ending of point 2 was on the 1 Fib level.
Wave 3 should "start" once it gets out of the cloud.
Trade safe!
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My bad, the ending point was NEAR the 1 Fib level! it didn't even touch it!