Hey Guys. Come and review my opinion on Ada/usdt.The trend has form a pattern which i observed as complex pattern, why? because its simply start with classic reverse H&S which everybody knows.so smart money will form another pattern mostly symmetrical triangle at the top. small retail will be hoping to buy at the bottom of the line and hoping to breakout with them in profit because of greediness. So sometimes institution will bring the price lower(trendline break) to liquidate them and when price hit the POI and resume their intension position. there are some small retails that wanna sell at the retest of trenline. so smart money will respect the line and lure them to enter, again they will liquidate them as well. and price resume to the uptrend till it get to the next supply zone.
This is my opinion and doesn't mean you should follow it blindly, do your own research as past price do not say exactly what future will do. Don't forget to correct me if am wrong and i will be glad waiting for your opinion as well in the comment. Thanks for reading.
This is my opinion and doesn't mean you should follow it blindly, do your own research as past price do not say exactly what future will do. Don't forget to correct me if am wrong and i will be glad waiting for your opinion as well in the comment. Thanks for reading.