without_worries

Cardano (ADA) vs USD

Short
without_worries Mis à jour   
BINANCE:ADAUSDT   Cardano / TetherUS
There is bearish divergence on this 1-day chart between price action and the oscillators. Stochastic RSI continues to show rising momentum therefore the top might not yet have been reached, however timing the market I leave to others. Better to collect profits and look for a new opportunity with less risk / more reward.

On the 4-day chart below we can see that price action has come to our resistance line that began in August 2018 or is now 670 days old. In my opinion we will re-test the 21-week (~5 cents) before breaking through this resistance.

4-day chart:

The trend line formed by the MFI shows support has failed.

Commentaire:
No, ADA is not a long. Lot's of messages from fanboys / fangirls / fanthems

Wait for 6 to 10 cents.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.