WyckoffMode

Downward Pressure to Continue until on or around January 31st.

WyckoffMode Updated   
BINANCE:ADAUSD   Cardano
I'm expecting the Price Action to fall down to around $0.038 to $0.034 Price range on our Second Test to mark the end of Phase A on or around January 31, 2019. Upon which we should reverse to upward pressure and begin Phase B with a Simple Rally to peak around the Preliminary Support Level Between $0.055 and $0.065 price range.
Comment:
Cardano (ADAUSDT - Binance): Based on current "trajectory" of the Blue LSMA inside Godmode and the Leading Blue Line of the Stochastic RSI; we may not see a reversal to upside pressure until some time between February 2nd and February 6th to mark the end of Phase A with a Second Test of Support and begin Phase B with a Simple Rally back to the $0.055 price point.

Comment:
Compare this 2-Day TF (below) to the previous 2-Day TF chart posted January 28 (above) and you will see the Blue LSMA flowed pretty much right on top of the line I drew as the possible future trek of the Blue LSMA. I will follow up with another Cardano/USD video publication shortly.


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