Hi friends! Seems like ADA is copying it`s triangle pattern to long.
๐ The possible scenario where we can find the good entry point is the collection of the liquidity below the triangle ($0.38-0.4). There is placed a lot of sl of long traders and the whale of course want to collect it to open their longs. This is a chance to open a nice long.
๐ฉ DOM and Footprint are the tools that helps me to identify the big BUY and SELL limit orders of the whales. Especially it helps to open a profitable trade on such false breakouts (liquidity collections), when i see the huge limit wall above or below the key levels.
The next highly possible entry point is the squeeze ti the upper boundary of the triangle and then the PUMP.
๐ Just look at the first triangle as example. There is the same preconditions to open along: ๐ฅ squeeze to the upper boundary of the triangle ๐ฅvolume growth before the upper boundary breakout ๐ฅ bullish BTC
๐ฉ Remember that the 99% of alts pumping only if BTC is bullish.
โ The targets: 1. $0.52 - the key level 2. $0.59 - the key level and local highs
๐ฉ The main thing is the bullish or at least BTC in consolidation to make altcoin are pumping.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Yes ADABNB look good. Thanks Yuri as always. I always send a like button to support all your great work. You and your Team stay well in this difficult time.