Hey guys. Super quick update here.
ADA has been breaking resistances on smaller timeframe RSI's one by one.
There's bullish divergence on the 1HR RSI.
I'm looking for a breakout here. Bears may try to push down one more time around the $2 area or maybe $2.10ish area. Bulls look stronger IMO as I feel they have been patiently waiting on standby.
Any bears that stand in the way will likely get plowed over!
It might start off slowly going upwards before blasting through the resistance... OR it might just blast through the resistance.
The pattern APPEARS to have bottomed out all the way down to the smaller timeframes.
*** As always, NOT FINANCIAL ADVICE, Always do your own research before investing ***
Better chart coming later. Stay tuned for updates. Thanks guys. Take Care.
ADA has been breaking resistances on smaller timeframe RSI's one by one.
There's bullish divergence on the 1HR RSI.
I'm looking for a breakout here. Bears may try to push down one more time around the $2 area or maybe $2.10ish area. Bulls look stronger IMO as I feel they have been patiently waiting on standby.
Any bears that stand in the way will likely get plowed over!
It might start off slowly going upwards before blasting through the resistance... OR it might just blast through the resistance.
The pattern APPEARS to have bottomed out all the way down to the smaller timeframes.
*** As always, NOT FINANCIAL ADVICE, Always do your own research before investing ***
Better chart coming later. Stay tuned for updates. Thanks guys. Take Care.
