ADA Trading Plan
ADA is in a parallel channel.
Momentum is so far strong after making a move down from the upper end of the channel.
CPI release is tomorrow and this could create the volatility needed to send it down to the bottom of the channel as shown (orange).
Alternatively it could come ripping higher straight away but it does seem like a flush down is the more likely scenario at this stage.
No trades yet, but a long position would be favourable at the bottom of this channel if it arrives there as shown.
Momentum is so far strong after making a move down from the upper end of the channel.
CPI release is tomorrow and this could create the volatility needed to send it down to the bottom of the channel as shown (orange).
Alternatively it could come ripping higher straight away but it does seem like a flush down is the more likely scenario at this stage.
No trades yet, but a long position would be favourable at the bottom of this channel if it arrives there as shown.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.