Why is ADA looking so bearish on the weekly ? Horn Tops on the weekly are a bearish indicator and indicate a top reversal to the south pole. This is also known as a double top and could indicate a move to the .73 levels
This is Crypto and anything is possible and the Key here will be to see if ADA breaks below the 1.00 area which would then indicate a larger move lower. However If ADA breaks above the Horn tops then this is a bullish sign.
@mycotoxin nice idea, 0.98 1 is quite strong support it was the top of the body on the previous top in 2018. 21ema could be the final support if this support breaks
luissjp
⋅
@luissjp, i do see t150MA daily in the 1 dollar, too, if it break we will test your target.