ADA Wedge. Yet to break out.
Neither bullish nor bearish here.
It is in fact a perfect rejection area, and ADA has made an amazing move, so bullish wise it isn't the best spot to long.
For shorts, I wouldn't want to short either, you would want some confirmation first.
Either way, the wedge is still in play.
It is in fact a perfect rejection area, and ADA has made an amazing move, so bullish wise it isn't the best spot to long.
For shorts, I wouldn't want to short either, you would want some confirmation first.
Either way, the wedge is still in play.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.