ADA in recovery mode- anticipating a rejection shortly.
Would love an entry at indicated price but it might be optimistic.
I think there would be many on the sidelines, too scared to sell while the Sharks are looking for the opportunistic buy/sells over the next few days.
Could easily recover without the need to dip further but personally I think we may at least retest previous low and potentially go even lower.
I'll be filling my bags at 20c if the chance presents itself.
Happy to hear other perspectives so feedback welcomed.
As always, just my thoughts and TA. DYOR.
Bingaz.
Would love an entry at indicated price but it might be optimistic.
I think there would be many on the sidelines, too scared to sell while the Sharks are looking for the opportunistic buy/sells over the next few days.
Could easily recover without the need to dip further but personally I think we may at least retest previous low and potentially go even lower.
I'll be filling my bags at 20c if the chance presents itself.
Happy to hear other perspectives so feedback welcomed.
As always, just my thoughts and TA. DYOR.
Bingaz.