BEARISH ADA UNTIL LONGTERM DOWNTREDLINE CONFIRMED BROKEN

ADA has been a total turd lately. I like ADA but have been suckered and stopped out too many times now. THIS CAN GO LOWER! I did not think so before. Until we get above the big red line I am on the side lines!

Comment:

ADABTC i have no idea what ADA is

Trade closed: target reached:

ADA seemed to have bottom if you subscribe to John J Murphy fan principle

tradingsim.com/blog/fan-principle/
Up down or sideways. Those are the options...

Comment:

Sorry fan lines only have 3 lines! And from the peaks.