stephanelibatd

Entry on ADA channel if the accumulation zone gives buy signals.

Corto
BINANCE:ADAUSDT   Cardano / TetherUS
Hey traders, ADA / USDT is in a bearish trend with sales volume returns.


It came to check the bottom of the bearish channel, a good re-entry opportunity for the next bullish movement in order to come and test the top of it.
But note that in general the market for the moment is short and that Friday many options close.


So all can happen waiting for validation for a strong upside signal.
We are not far from MA the biggest (White) it is plausible to do a pull back on it.

There we have the confirmation of an entry of the titles.
The pull back must be accompanied by a volume of conviction to consider going to breakout the resistance.



If the return is present, the exit of the channel will tighten the objective.
The market can always correct, if there is a channel failure or weekend bull waivers.

So stay tuned.

These are not investment advice but recommendations for good practice.
Thank you for taking the time to read my analysis.

I hope you enjoyed it.

Comment on your ideas in the space dedicated to the description.



Please like and follow, thank you.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.