Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ADAUSDT, as we clearly see price is around a strong support zone where we were searching for new longs
So, as we can see price get stuck inside a range and price now is approaching the lower bound lining up with the previous major swing high
As the price is retesting this area and for the bulls to kick in again we need a new swing high around the trendline Then a break
As shown in the pricture
Until that happens price can still dive more inside the support before the bulls prove control
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
ADAUSDT, as we clearly see price is around a strong support zone where we were searching for new longs
So, as we can see price get stuck inside a range and price now is approaching the lower bound lining up with the previous major swing high
As the price is retesting this area and for the bulls to kick in again we need a new swing high around the trendline Then a break
As shown in the pricture
Until that happens price can still dive more inside the support before the bulls prove control
and as usual follow your trading plan and manage your risk.
Be patient and good luck!