w Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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Analysis:
ADA forming bottom structure. Multiple RSI support validations in the same region, in conjunction w/ the most recent RSI down trend making a higher low.
Volume is setting up for an inverses head and shoulders type of structure. Volume spike over the overhang diagonal resistance line would be a solid entry signal.
VWAP RS flip @ buy trigger. These events should happen concurrently with -DI trending down, as it appears to have hit a local top, signaling a quality bottom structure.
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
-----------------------------------------------------------------------------------------------------------------------------------------------------------
Analysis:
ADA forming bottom structure. Multiple RSI support validations in the same region, in conjunction w/ the most recent RSI down trend making a higher low.
Volume is setting up for an inverses head and shoulders type of structure. Volume spike over the overhang diagonal resistance line would be a solid entry signal.
VWAP RS flip @ buy trigger. These events should happen concurrently with -DI trending down, as it appears to have hit a local top, signaling a quality bottom structure.