ADA Ready ! Descending Triangle, Elliot WAVE, MACD, RSI

8. Juni 2018

Hey, i can see strong resistance on daily and strong support forming a triangle. We should wait to see if there is a breakout.

On 2 hr chart, descending triangle, elliot wave, i think that we are finishing D wave, E wave is soon coming. If we are going bullish, we will break the descending triangle and then break the daily resistance. If we do that we can expect a nice run and start 5 elliot wave to create the third wave on daily chart.

I already entered.

Put a stop loss under the support of triangle if you want.

I'm expecting a run if bullish to 3500 sat !

RSI is very low on daily and 4 hrs chart.
MACD is indicating a bullish divergence.

8. Juni 2018

Anmerkung

I'll update when i wake up. But we'll see tomorrow morning if it broke down or up !
Be careful.. check also the volume. If it breaks with a good volume, it means it has some strengh with it

9. Juni 2018

Trade ist aktiv

Here we go, let's hope the volume is coming