Hello Traders!
ADA is finishing the correction. There was formed a "descending wedge" trend continuation pattern on the chart.
Purchases can be considered between the price levels of $1.97 - $2.07
It is appropriate to place a stop loss near the price level of $1.67
The targets for buying are at $2.73 and $2.95
Excellent short-term trade with a good risk/profit ratio
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ADA is finishing the correction. There was formed a "descending wedge" trend continuation pattern on the chart.
Purchases can be considered between the price levels of $1.97 - $2.07
It is appropriate to place a stop loss near the price level of $1.67
The targets for buying are at $2.73 and $2.95
Excellent short-term trade with a good risk/profit ratio
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice