Cardano / Bitcoin
Long

ADA/BTC Tactical analysis / Buy opportunity

308
-We have bounced on a major weekly support, and have made some higher lows on the daily.

-We broke the previous high on the 4H and started retracing.

-Should see the .705 retrace to that 4H breaker and attempt to break the next resistance.


Daily view:
istantanea

Terms:

-Bullish breaker - an orderblock (a green or red candle, in this case green) that precedes a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support


Colors I use for a more organized chart:

15 min - Cyan
1H - Gray
4H - Red
Daily - Green
Weekly - Orange

Original idea by Svarog https://www.tradingview.com/chart/ADABTC/DNqYbZFy-ADA-BTC-Tactical-analysis-Buy-opportunity/

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.