InvestingScope

ADAUSD: Close to breaking downwards.

Short
BITTREX:ADAUSD   Cardano / US Dollar
Cardano is, as many other coins, trading within a 1D Triangle but appears to be closer to a break-out to the downside ( RSI = 42.639, CCI = -75.7795, Highs/Lows = -0.0016). This will happen if the Higher Low sequence breaks with 0.06900 being the first. If it does the immediate targets are 0.06527 and 0.0600 in extension. The long term trend remains bearish (1W RSI = 42.965, MACD = -0.050) and only if 0.1091 breaks can we consider a long term direction shift.
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Comments

@InvestingScope, great analysis as always! Are you going to update this chart when you start the accumulating process?

Also, what's your bearish TP? Have we seen the bottom yet?
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today is probably a good day to start buying this stuff again
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strange
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and now what ?
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kabbo12 GR_Crypto
@GR_Crypto, thanks
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InvestingScope richphanone
@richphanone, New Lower Low.
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kabbo12 richphanone
@richphanone, yes..OMG
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