#ADA
How to know if the trend in any currency is reversing, for example, now in the chart of currency $ADA
As you can see in the chart, there is a strong upward movement and momentum, but we will not treat the trades as if we are entering upward trades, because the overall trend is still bearish for the currency. Therefore, we will only trade if the price crosses 0.275 and creates a candle above it, meaning it has broken a previous peak.
This information is basic analysis for beginners, and simply put, it is a way to know the trend reversal without even using special indicators.
I hope I have clarified the idea, and I apologize for any shortcomings.
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