Technical analysis by surapats about Symbol ADA: Buy recommendation (3/27/2022)

surapats

I often apply TD Sequential to make strategic trade setup for most Cryptocurrency due to high volatility assets. For Cardano, I noticed the TD Signal on the beginning of this month and found TD Reinforcement signal. Therefore, I waited for Bullish price flip as the entry signal. The order was made at the next bar with stop loss at the lowest bar substracting its true range. My strategy is an assumption that if it's a strong reversal signal regarding to Thomas Demark's concept, it's likely to form WTZ4 pattern (Wave to Tunnel). I used tunnel line clustering the previous high level as the target price. My assumption is correct. After the price reversed sharply, it broke out TDST level and continue rising to tunnel line. Hopefully, it could hit TP., otherwise, my trailing stop may be ready to trigger. Just see!ADAUSDT and TD Sequential Setup