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Technical analysis by helpfulPear98930 about Symbol ADA: Sell recommendation (2/3/2023)

https://sahmeto.com/message/2528600
helpfulPear98930
helpfulPear98930
Rank: 5903
1.6
Sell،Technical،helpfulPear98930

ADA is developing a clear ascending wedge pattern making higher highs while the RSI is making lower highs. I will take my chances here with a small amount and add up on the break of the base of the wedgeentry: small amount at current priceSL: $0.421add up: on the break of the wedge(will reenter if fakes out to the upside and comes back immediately)invalidation: BTC breaking above $26.500final TP: $0.3251R:R 1:5adding upmove stop loss to entry for a free ride, remember to take partial profits along the way, i'm taking half here.profit is good, don't get caught in greed. closed with half position in good profits and the other half at break even.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.40461
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