ADA Trend Reversal

28 May 2019

ADA is finally showing trend reversal signs on HTF, as can be see first higher low formed. A break of 0.236fib will confirm a higher high.

Bullish RSI divergence on 4h.

I will still wait it to reclaim the 1055 - 65 area and establish support before going long on ADA.

29 May 2019

İşlem aktif

As can be seen by loading new candles, price was rejected from the area I had mentioned (1055-1065).
However, the structure is not broken yet and ADA will re-test that area if market conditions stay the same.

29 May 2019

İşlem aktif

ADA claimed the specified area followed by a textbook re-test which was bought up quick and here we go up!