And of course the market never does what we want it to do. We bounced off the 50 ma. We have to see how much btc is going to drop to see how low this thing can go. If we can stay above the 50 ma then we have a nice pattern forming here. but if we drop we might will likely visit 1000 st. If Btc makes a 20-40% retrace on the weekly we might be in for a low ride on...
ADABTC great project
Start to growing I see few resistance line, also horizontal volume (indicator Visible Range) and fibonacci levels. If we break out all this resistance we will go up until this we are in bearish market
While bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself.
First trade is already in progress.
My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch...
Today an update on ADA. We will have a look at some price-action (ADAUSD) and we will have a look at the ADABTC chart. Let’s get straight into this!
-I always like to start with the support and resistance-lines. So we can see that we found some support at 0.10 few days in a row. This could be a great indicator of some reversal in this...