1W/1D Charts
I think ADA looks good here, back into weekly demand level with high volume bottom tapping and rejecting from the $0.90 level with a big rejection wick. MACD on weekly starting to converge and with bullish divergence on daily MACD forming too.
Last ATH put in a new HH and so far as long as this zone is respected id favour momentum to the upside.
On the daily we have put in a HH and the last daily supply level has failed. Signs of a reversal are showing imo, time will tell.
Good level to DCA at anywhere around $1 mark, use a SL and protect your capital.
I think ADA looks good here, back into weekly demand level with high volume bottom tapping and rejecting from the $0.90 level with a big rejection wick. MACD on weekly starting to converge and with bullish divergence on daily MACD forming too.
Last ATH put in a new HH and so far as long as this zone is respected id favour momentum to the upside.
On the daily we have put in a HH and the last daily supply level has failed. Signs of a reversal are showing imo, time will tell.
Good level to DCA at anywhere around $1 mark, use a SL and protect your capital.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.