The whole market just experiences a dip.
These kind of dips are nothing special and happen frequently.
It triggered our second entry point.
Currently .1$ seems to be the new floor but this is not entirely confirmed yet.
We first have to look how the market reacts next week.
Another bearish entry is shown around .06$.
The volume decreases for several days now which...
ADA longterm is one of the most bullish coins and ecosystem around there.
However, currently updates are delayed and we look at a bearish divergence considering the volume and price action.
So be carefull.
It could breakout on the upside but it also could fail and print a bigger drop.
- Never buy the top/ATH
- Take profit as long as you can
Hello, as you can see in the chart.. some lines match up with this idea. Also this would line up with the earlier drop.. making a black line retest + a Bart pattern.. which we saw earlier too. I dive a little bit deeper into this on my page.
As a turbo bull myself, im staring at this thinking, how many monthly candles of vertical pump can we expect before it tips over and corrects itself? Honestly.
If we look at volume we can see its clearly slowing down, meaning most people are already bought in and hodling and the influx of fresh buyers arent enough to sustain these prices.
Liquidations is what the big moneymakers are interested in. liquidating large leveraged pools. here is a small view of what is coming to bitcoin now.
Invite me a coffee