LA_Designer

ADA: 🩸 Blood Diamond 🩸

Short
LA_Designer Updated   
COINBASE:ADAUSD   Cardano
First off, indicators are never 100% accurate, so don't take this as a guaranteed outcome.

Right now, ADA has flashed a 🩸 Blood Diamond 🩸 on the 8HR chart. It may not necessarily be as violent as the drop from 9/7, but it could indicate that some further downside could be expected in the near future.

Again, this is not a guaranteed outcome, but just an indicator to follow for those looking to potentially re-enter at a lower price.

Watch these support levels as charted above.

This is not financial advice. These are just my ideas and opinions.
Comment:
Bitcoin 8HR chart shows the bearish pattern may have potentially broken down, unless it's a fake out.

Comment:
Wow, this last 4H candle with Bitcoin has been insane!
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