MMBTtrader

ADAUSD touch trendline and ready to fall again ?

Short
KRAKEN:ADAUSD   ADA / USD
As we can see Cardano is creating lower high again and again and new falling trendline formed here and the price once again touch the trendline and some reject get completed and we can expect falling to our targets

Targets :
a. 0.98$
b. 0.88$

and we can expect some bull candle here too and reaching the second trendline and on that scenario falling would start from 1.10$

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>

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Comments

This didn't age well ;)
+5 Reply
MMBTtrader jmimoni
@jmimoni, ++
+1 Reply
failed, try again later
+4 Reply
MMBTtrader elkadro
@elkadro, lol 😂✔
+1 Reply
Nice idea ...but its reaction while btc drop i think it more Bullish ..lets see
+3 Reply
MMBTtrader Babenski
@Babenski, every thing is possible ✔
+1 Reply
I believe that the current market condition doesn't apply here as Cardano has demonstrated strength during the bear trap. Too much news and project update!
Please provide a Bullish option too!
You can't be certain that Bearish scenario will Prevail
Cheers
+2 Reply
MMBTtrader Sir-William-2021
@Sir-William-2021, yup totally agree if trend line break it can fly even too and every thing is possible thanks for comment
+2 Reply
thanks for sharing
+2 Reply
@abel11, most welcome
Reply
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