It is forming a CUP and Handle Patter And a bullish channel Upside targets T1= 116.50 T2= 121.50 T3= 122.50 T4= 125.70 Currently retracing to form handle and touching lower line if the channel at 0.382 (112.85) of FIB retracement. If sustained, then it can quickly achieve targets on long side and it is not sustained then the fresh targets for downside are T1...
ADA FORMING CUP AND HANDLE PATTERN ON 1 HOURLY CHART. LOOKS BULLISH WITH A TARGET CLOSE TO 1.94 $. NOT A FINANCIAL ADVICE (NFA)
LOOKS WEEK AND FOLLOWING DOWNTREND- SHORT AT CURRENT LEVELS T-1- 47 k, T-2- 43 K LONG ONLY IF THE TREND LINE IS BROKEN WITH VOLUME IN DAILY TIME FRAME RESISTANCE 52 K