Welcome! To start off, ADA has been making a wedge formation that is neither leaning bearish or bullish , but it would be my expectation for it to break upward with our entry being at point D after the price bounces off of the lower trendline . I've added what I'd like to see the ichimoku cloud change to on the chart above; a thinner cloud indicating decreasing resistance.
The price should move up through E wave, break into the cloud, then move out, support test yellow and then a bounce to reach for the first target in blue.
If you enjoy my analysis be sure to give a like!
The price should move up through E wave, break into the cloud, then move out, support test yellow and then a bounce to reach for the first target in blue.
If you enjoy my analysis be sure to give a like!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.