ben_hernandez3214

ben_hernandez3214

I think spy bigger picture could be printing a bullish flag . With bearsish first target being 440 i do not hold a position on this etf just doing ta for practice purposes only.

ben_hernandez3214

Right at desesive point here if this doesn’t hold in the next hours it will break down to 40k bears are fighting hard to keep it lower . Right now we can’t do anything but to wait and see if the price holds to buy more or sell below breaking the support . Good luck

ben_hernandez3214

I think Ada still has room to go lower at around support levels at 1.02-05. I think it looks bearish still but we shall see

ben_hernandez3214

Just as expected a retrace was imminent right now it’s very clear it wants to retest the breakout at around 44k 44.3k that area is now support. any bounce off that area to the upside will confirm the bull run again I think. So that’s an area to pay close attention to it could go either way good luck.

ben_hernandez3214

still giving us more time to accumulate before the bigger move by End of year or sooner , I expect it to hover around 90 cents for a while unless some major news comes out regarding the lawsuit. In that case a solid close above 90 cents will take it to 1.10 official bullrun begins above 1.10 and I expect it to start a bull run sometime this year. For now be...

ben_hernandez3214

Chances are it falls back to 44k rsi on the 4hr getting back from oversold zone and daily looks like it’s overbought still I don’t think it can push any higher without a retracement

ben_hernandez3214

Ada is battling the main downtrend line since it reached all time. Renko blocks also confirms that trend line so I expect this to act as resistance since rsi is oversold as well . If this resistance holds Ada could retrace temporarily if it closes the day above 1.24 chances are it goes to 1.50 at least