The ADA price has been in a downsloping Wyckoff re-distribution trading range from Sept 2, 2021 to the present. The upper and lower boundaries of this trading range are given by the horizontal black lines.
Wyckoff abbreviations: automatic reaction (ARe), buying climax (BC), failed upthrust (FUT), phase A (Ph A), phase B (Ph B), phase C (Ph C), secondary test (ST), shakeout (SO), sign of weakness (SOS), upthrust (UT).
Wyckoff abbreviations: automatic reaction (ARe), buying climax (BC), failed upthrust (FUT), phase A (Ph A), phase B (Ph B), phase C (Ph C), secondary test (ST), shakeout (SO), sign of weakness (SOS), upthrust (UT).
Nota
Based on an analysis of the Phoenix Ascending and Bad Ass Bollinger Bands in higher timeframes (1W, 3D, 2D, 1D), I have selected 2 ceiling targets ($0.901 and $0.846) and 2 floor targets ($0.722 and $0.675). I will open a short position at one of my ceiling targets and close the short position at one of my floor targets. Let’s keep our eyes on this and act accordingly. I will post updates as appropriate.
This is not financial advice. I am not your financial advisor. This is my opinion.
Nota
To be clear, the short position is to be opened on a falling red stochastic relative strength index (sRSI) not a rising red sRSI.Dagangan aktif
Opened a short position at $0.903Dagangan ditutup secara manual
Opened short: $0.903Closed short: $0.862
Percent change: $4.54
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.