Hello traders,
We are looking at the 1 hour graph of ADA.
As we can see, the graph is forming a double bottom within a symmetrical triangle. Which could signal a reversal.
Furthermore. The power of a double top / bottom can be intense. However, in terms of reliability, more value is generally attached to a head-shoulder formation.
Remember traders, no model is perfect. Fortunately, otherwise there would be no market.
This is not financial advice, I am not an financial advisor.
Make sure that your decision is the product of your own conclusion.
Leave a comment
Thanks.
(my previous analysis were uploaded with private tag, lol)
We are looking at the 1 hour graph of ADA.
As we can see, the graph is forming a double bottom within a symmetrical triangle. Which could signal a reversal.
Furthermore. The power of a double top / bottom can be intense. However, in terms of reliability, more value is generally attached to a head-shoulder formation.
Remember traders, no model is perfect. Fortunately, otherwise there would be no market.
This is not financial advice, I am not an financial advisor.
Make sure that your decision is the product of your own conclusion.
Leave a comment
Thanks.
(my previous analysis were uploaded with private tag, lol)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.