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Technical analysis by mstmehmood about Symbol ADA: Buy recommendation (8/6/2023)

https://sahmeto.com/message/233933
mstmehmood
mstmehmood
Rank: 14945
1.5
Buy،Technical،mstmehmood

I've identified a double bottom in this chart - projecting the trend to reverse from bearish to bullish. Projected breakout range is the distance from support to the resistance starting from the breakout point going upwards into a bullish phase. I've placed a buy stop order close to the resistance level and my stop loss is my last main identified LL. Let me know what you guys think.

Translated from: English
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Signal Type: Buy
Price at Publish Time:
$0.29202
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