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LionLien2020
Aug 14, 2021 9:16 AM

Small correction before going higher 

Cardano / US DollarBinance

Description

I'm bullish on Ada and it has a great future. I won't be buying as we're due for a small correction tho as BTC is at big resistance with some bearish divergence on the daily timeframe.

We're way too overbought on the daily rsi and buying back on support will be my move. We've had small corrections at these periods throughout our history. It can't keep going straight up without retesting supports.

Possible rising wedge.
Comments
Thoff99
I see a potential lower entry around $1.6-1.88
Maybe a couple more whales have some unfilled orders hiding down there.
azadguseynov
What is the current support level?
Explosive_Cow
@azadguseynov, 1.95-1.9
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