ADA has been struggling to hold the long-term support (since 2018) at around $0.4. However, it can be seen that a bearish flag is formed.
In 2D TF, the flag was broken down. Volume indicators propose that prices will continue to go down.
It can be also seen that the 2018 support was broken with medium volume. If market sentiment is not good the next days, panic sell may happen for ADA.
Trade fermée manuellement:
BTC and the whole market are strong. Better close trade here and wait for a reactivation later.
Transaction en cours:
Trade reactivated
Trade fermée manuellement:
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)
specially with MFI (to be confirmed)
Transaction en cours:
BTC is weak although stock has risen.
Commentaire:
TP1 $0.336 was hit
Trade fermée manuellement:
Trade closed waiting for better entry and condition.
