IkkeOmar

Potential bounce off ADA 8H Fair Value Gap for the 3rd time?

Long
KUCOIN:ADAUSDT   Cardano / Tether
I see a potential trade with 1.23 RR
If the RSI bounces off the level of support it has, and continues to bounce to the recent high after filling out orders at one of the 8H fair value gaps, we could see a continuation of the trend


Believe we go lower the next candles if the flat back bearish HA candle closes like this:

Please give me some insight on your ideas on where ADA might be heading on the mid-short term

This is obviously not financial advice, I am just giving my insights on what I think could happen

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