ADA - two best buy scenarios!!!

29 ธ.ค. 2021

A large trading range is worth highlighting on the ADA chart. The price attempted to move out of this range but failed to close above the upper limit of the range. Cardano then moved back into the large trading range.

While the market is in an uncertain position, several scenarios are worth highlighting.
The first and best scenario is for the price to return to the upper boundary of the trading range, squeeze, and breakout.
The second scenario is a continuation of the fall and liquidity gathering below the key level.

A good buying opportunity could be a squeezing and breakout of the upper boundary of the trading range, or a false breakout of the key level or the lower boundary of the trading range.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.