Long term and short term vision! for WHITEBIT: ADAUSDT by TheSignalyst – Technische Analyze – 2022-12-03 03:53:04

Hello TradingView family / fellow traders. This is Richard, aka TheSignalyst.

The long-term: left graph
The ADA was comprehensive bearish For a while and now he’s coming off a solid week demand area in green.

ADA valid channel format is red but it’s not ready to go yet!

For the bulls to take over from a long-term perspective, we need a break above the last major high point in gray.

In the meantime, until the purchase is activated, the ADA will be inclusive bearish And he can still trade low on the inside demand area .

In this case, as if we are diving inside demand area We will be looking for buy setups in the short term.

short term: Correct diagram
For the bulls to take over in the short term, we need a break above the last major high of H4 (marked in orange)

Always follow your trading plan regarding entry, risk management and trade management.

Good luck and God bless you!

All strategies are good. If managed properly!
~ rich

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