ADA in flat move
ADA has been one of the strongest during May's selloff and seem to have entered in a long flatish' consolidation.
MACD Weekly has just crossed in red and Upper BB is coming flat. I expect the MACD to cool down and price to range with support at 2$ /1.75$ area and resistance under 3$.
We can forecast this situation to persist as long as MACD stay in red and i would say until end of November at least (if no unexpected boom).
For now, let's wait and see, but not much to do here at the moment.
MACD Weekly has just crossed in red and Upper BB is coming flat. I expect the MACD to cool down and price to range with support at 2$ /1.75$ area and resistance under 3$.
We can forecast this situation to persist as long as MACD stay in red and i would say until end of November at least (if no unexpected boom).
For now, let's wait and see, but not much to do here at the moment.
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