ADA is one of those charts you would look at for hours
The failed head and shoulders of this summer gave perfect support to the wedge in formation now (right shoulder of the head and shoulders)
The wedge is nearing completion, the top has already been broken and there seems to be a bullish pullback towards 2.35-2.40, the first target
RSI confirms both divergences and ruptures
wedge confirmation will be on breaking the 2.45 key point, before that i will sell positions bought now
what i don't like is the excessive wedge durability, i'm not 100% sure it will confirm with these conditions, but i'm pretty sure we're close to support, i'm in with 60%
The failed head and shoulders of this summer gave perfect support to the wedge in formation now (right shoulder of the head and shoulders)
The wedge is nearing completion, the top has already been broken and there seems to be a bullish pullback towards 2.35-2.40, the first target
RSI confirms both divergences and ruptures
wedge confirmation will be on breaking the 2.45 key point, before that i will sell positions bought now
what i don't like is the excessive wedge durability, i'm not 100% sure it will confirm with these conditions, but i'm pretty sure we're close to support, i'm in with 60%
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I'm short
Tradingview dont let me publish more than 10 chart per day
This is the actual short
Major Pattern activated yesterday
Tradingview dont let me publish more than 10 chart per day
This is the actual short
Major Pattern activated yesterday