ADA has entered consolidation stage at day timeframe. It means that we may expect it to swing between ~450-510 until it breaks into one of directions. This may be used either to accumulate ADA at the lower border of that channel and hold till uptrend starts, or scalp it on each swing.
1) Swing trade plan - buy at 440-450 and sell at 500.
2) Accumulation - buy at 440-450 and hold till breakout. Targets 570-590 (may take up to 1-2 month)
Bullish scenario - price pullback to ~465-470 and bounce from there - it may be a signal that consolidation stage comes to an end.
P.S. Prices at Bitmex are more or less the same, but they renew chart regularly, so it doesn't provide enough information for long term planning.
1) Swing trade plan - buy at 440-450 and sell at 500.
2) Accumulation - buy at 440-450 and hold till breakout. Targets 570-590 (may take up to 1-2 month)
Bullish scenario - price pullback to ~465-470 and bounce from there - it may be a signal that consolidation stage comes to an end.
P.S. Prices at Bitmex are more or less the same, but they renew chart regularly, so it doesn't provide enough information for long term planning.
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Crypto watchlist - t.me/wiseanalize
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FREE telegram channels:
Main crypto channel - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/wiseanalize
Main crypto channel - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/wiseanalize
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。