ADA USDT 4H CHART
2 different scenarios shown by green and red arrow...first rejection from descending trendline formed by doji candle and its sign of weakness for buyers but for short scenario i personally wait for 2and rejection from top...something like micro double top for this situation...for long idea the break of trendline is not enough and break the last swing high is necessary for going long
2 different scenarios shown by green and red arrow...first rejection from descending trendline formed by doji candle and its sign of weakness for buyers but for short scenario i personally wait for 2and rejection from top...something like micro double top for this situation...for long idea the break of trendline is not enough and break the last swing high is necessary for going long