We have a Bearish Cypher pattern on the ADA/USDT on the 15min TF, 2 moves can be played here:
Long: The price seems to bounce on the support line while RSI enters the 30+ zone and the MACD seems to be ready for a bullish crossover of the signal.
Short: Following the Bearish Cypher, we can expect a dump of the price once D is reached which also corresponds to the resistance line.
Long: The price seems to bounce on the support line while RSI enters the 30+ zone and the MACD seems to be ready for a bullish crossover of the signal.
Short: Following the Bearish Cypher, we can expect a dump of the price once D is reached which also corresponds to the resistance line.
Order cancelled:
Pattern not validated, ADA started a range.