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Dec 5, 2021 9:25 AM

ADA/USD & BTC: POTENTIAL Exhaustion of Supply in Couple of Days 

Cardano / BitcoinBinance

Description

Hi Everyone! In order for us to see a CHANCE for reversal to sustained upward pressure, we need the ADABTC pair to show clear sign of EXHAUSTION of supply. We have a CHANCE for this when we have a look at the NEXT 5-Day candle; to begin in another 1-Day and 15-hours. Looks like we still have downward pressure for a bit longer until we see the next 5-Day and 4-Day candle begin in approximately 1-Day and 15-hours.

If BTCUSD has another episode of downward pressure again, we can anticipate ADAUSD and ADABTC to follow suit most likely. We're not out of the woods just yet. Let's see what the NEXT 4-Day and 5-Day candles look like. We don't know what we don't know UNTIL we know it!

Happy Trading and Stay Awesome!
Comments
JanBurg
Thanks for the update ,
Something to look forward to
ppip
Just keeps bleeding bleeding bleeding
Vibranium_Capital
Lovely analysis
jimmythis343
LINK update please....thanks!
Happybanana
Thank you for explanation! The mic is okay, don't worry about it.
ppip
Good lord at this point I take anything......validate my need for confirmation bias..of give me give.....thats my desperate way of saying thanks for the heroin....oh I mean hope
UnitedSignals
Well done!
farhadbanijavad
do you think ada still have strong road map even 2022?
BTCcarrier
nice man 💪💪💪
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