The base is the accumulation area which can be the bottom part of the Cup and Handle pattern (long pattern).
✅Why base is important for the long traders? Because there is a lot of whales have enough liquidity to accumulate their position. The big volume bars at the bottom are also confirmed that whales buy ADA at the "dip"!
🚩After the breakout of the accumulation area we can see the huge impulse of the price so it`s umportant for traders to find the best entry point before this breakout and get more profit.
📊 Preconditions to open a long:
🔥 the breakout of the bullish wedge or test the support area of $0.46-0.51.
🔥 bullish BTC help reach the targets for ADA much faster
🚩Cardano has the more chance to make the impulse because the most of alts already make +50-100% and ADA is still at the bottom.
📊 The targets are the value area:
1️⃣ $0.61-0.64
2️⃣ $0.77-0.8
💻Friends, 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.
✅Why base is important for the long traders? Because there is a lot of whales have enough liquidity to accumulate their position. The big volume bars at the bottom are also confirmed that whales buy ADA at the "dip"!
🚩After the breakout of the accumulation area we can see the huge impulse of the price so it`s umportant for traders to find the best entry point before this breakout and get more profit.
📊 Preconditions to open a long:
🔥 the breakout of the bullish wedge or test the support area of $0.46-0.51.
🔥 bullish BTC help reach the targets for ADA much faster
🚩Cardano has the more chance to make the impulse because the most of alts already make +50-100% and ADA is still at the bottom.
📊 The targets are the value area:
1️⃣ $0.61-0.64
2️⃣ $0.77-0.8
💻Friends, 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.
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TG channel with all updates t.me/+ICrmLIneDmRiYjIy
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Join our copy service -
FREE trial
👇👇
bikotrading.short.gy/biko_copi
TG channel with all updates t.me/+ICrmLIneDmRiYjIy
FREE trial
👇👇
bikotrading.short.gy/biko_copi
TG channel with all updates t.me/+ICrmLIneDmRiYjIy
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.