Not a financial advisor.
Bouncing off a support trendline that was resistance for some time.
It is important to see the major lower wick from the previous candle.
ADAUSD will surely rise!
Bouncing off a support trendline that was resistance for some time.
It is important to see the major lower wick from the previous candle.
ADAUSD will surely rise!
Comment:
if the current daily ends as a doji at support ... expecting a good rise on the next days!
Comment:
As expected, ADAUSD moved higher.
The problem is that ADAUSD (like other Alts) is making lower highs (not that bullish)...but on this update I want to point 2 possibilities:
1) it is possible that ADAUSD is making a bull flag, in that case:
2) in case the bull flag fails a drop to previous support is possible.
(Good luck!)
The problem is that ADAUSD (like other Alts) is making lower highs (not that bullish)...but on this update I want to point 2 possibilities:
1) it is possible that ADAUSD is making a bull flag, in that case:
2) in case the bull flag fails a drop to previous support is possible.
(Good luck!)
