There is every reason to believe that ADA has formed a "Widening Wedge", which is a signal of the end or the imminent completion of a local uptrend.
There is an understanding of the seller's zones and the buyer's zones. Seller's area: block 1.38-1.61 $, block 1.17-1.29 $. Buyer's area: block 0.845-0.957 $, block 0.625-0.722 $.
Dynamic support (0.97) and resistance (1.65) are also known, on the chart as dashed lines. Coupled with a wedge, there is a double divergence at 1D TF, which indicates a damping trend.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
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