ADA Accumulation zone of 5 month descending wedge
Hi Tradingview,
ADAUSDT
ADA Has been trading in a descending wedge on the DAILY time frame for the last 5 months. It is currently at the bottom of the wedge and has
held support quite well. We can also see the the TSI has recently crossed, however it is still under (0) so bears are still in control.
I am looking to enter a position with the parameters as follows:
Entry: .309
SL: Below .29
TP1: .328
TP2: .33
TP3: .368
TP4: .40
TP5: .46
ADAUSDT
ADA Has been trading in a descending wedge on the DAILY time frame for the last 5 months. It is currently at the bottom of the wedge and has
held support quite well. We can also see the the TSI has recently crossed, however it is still under (0) so bears are still in control.
I am looking to enter a position with the parameters as follows:
Entry: .309
SL: Below .29
TP1: .328
TP2: .33
TP3: .368
TP4: .40
TP5: .46