ADA - Possible Bulltrap re-accumulation and can move lower

Cardano (KRAKEN:ADAUSD)

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KRAKEN:ADAUSD Cardano

Trend Analysis

trendanalysis

ADA - Possible re-accumulation and can move lower

Commentaire:

Also Tweezer top on the monthly with 5 days to go - Tweezer top is a reversal pattern indicating movement down

Tweezer

Commentaire:

Also Bullhorns on the weekly is another suggestion of a move down

ADAUSD: Why is ADA looking so Bearish on the weekly ?

Commentaire:

shady looking stuff if you ask me ...

Commentaire:

Hmmh ...looks like a bulltrap ....
However if ADA does move past the horn tops at 1.50 then the opposite is true and this is a very bullish sign that ADA can move t0 2.0

Commentaire:

if trading best to wait for a break of 1.0 to go short or wait for a move above 1.50 to go long

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