Now unlike other coins, ADA looks interesting.
What we see here is a 1. breakout - 2. rejection by static resistance and also the Higher Bollinger Band - 3. correction - 4. support from the Middle Bollinger Band.
Now we're experiencing consolidation and sideways move on the MA.
ADA is showing Sell Signals on the market right now, so watch out. Don't open positions without more confirmation.
Two support areas can hold the price up, and if we pump any time soon, we will have to fight those resistance areas on the way up, and both are very strong.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $2.050
Let me know your ideas.
Good luck.
What we see here is a 1. breakout - 2. rejection by static resistance and also the Higher Bollinger Band - 3. correction - 4. support from the Middle Bollinger Band.
Now we're experiencing consolidation and sideways move on the MA.
ADA is showing Sell Signals on the market right now, so watch out. Don't open positions without more confirmation.
Two support areas can hold the price up, and if we pump any time soon, we will have to fight those resistance areas on the way up, and both are very strong.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $2.050
Let me know your ideas.
Good luck.
