TheChemic
Short

ADA Going Down is Possible

BINANCE:ADABTC   Cardano / Bitcoin
Uptrend Loweline #1 has broken with medium volume but there is possibility of ADA going back into that uptrend due to bullish market and EMAs. So I have drawn Uptrend Lowerline #2. Breaking this one and going below 119x is a sign of early of short. as you can see ADX has reversed and RSI is making lower highs and lower lows and price has gone below Donchian Channel Basis.

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