mindfree

ADA USD - 1 hour chart analysis - Crucial resistance Line

Very critical support. This Bright red line has acted as a guide for the life of this chart. It has a little give but if trend broken, i would look for that low buy for at least one more bounce. Personally I'd step it down at .85 watch for bounce, .78 watch, .70 watch, .62 . Id buy just a little back of what i sold, maybe 25% and then add the rest on the rise with. These charts do make me see a correlation drop that could take bitcoin to that desperate point of low 20k and shake it out. i would really enjoy that dream opportunity across the board. It would not be a bad thing for coins like ADA to become more standardized to say a "single" value. like 1 dollar. An in blockchain tether easy to calculate. But i don't think we are there yet. not until the market is saturated and manipulation becomes more difficult.

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