WatsonsView

ADA position extended @ .5150

Short
BINANCE:ADAUSDT   Cardano / TetherUS
Momentum levels are at a monthly high, signaling a pullback. There is a double convergence in TSI, RSI & MACD. We have also broken up over the top level of our KC and re-entered, another sign of a reversal. MA on the RSI has now fallen underneath the RSI line. Signaling momentum of the price action is going down. We've seen the TSI and RSI converge and are now waiting on a divergence to seal the deal.

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