ADAUSD TA Time. Day 22-1-2021
Greetings fellow traders!
If your way of Technical Analysis is strong...
Then the path will show you its way...
(*Asian sound effects*)
Short-Term & Mid-Term:
It's tough for me to say this, however it's looking pretty bearish. It looks like there is a bear pattern forming. But there is light on the horizon. EMI 2 is showing a possible bullish divergence in these term periods. Targets: retest resistance or support territories.
These patterns has high probability of breaking out or diverge bearish. Be careful and watch for candles closing below support or above resistance for break out confirmations.
Long-Term:
Technically and Fundamentally I am bullish. Target: Unpredictable at this point, literally anything can happen.
If you have any questions, do not hesitate to leave a comment.
Good luck, be careful and may the trend gods be with you!
If your way of Technical Analysis is strong...
Then the path will show you its way...
(*Asian sound effects*)
Short-Term & Mid-Term:
It's tough for me to say this, however it's looking pretty bearish. It looks like there is a bear pattern forming. But there is light on the horizon. EMI 2 is showing a possible bullish divergence in these term periods. Targets: retest resistance or support territories.
These patterns has high probability of breaking out or diverge bearish. Be careful and watch for candles closing below support or above resistance for break out confirmations.
Long-Term:
Technically and Fundamentally I am bullish. Target: Unpredictable at this point, literally anything can happen.
If you have any questions, do not hesitate to leave a comment.
Good luck, be careful and may the trend gods be with you!
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