On Saturday, 9/28, a golden cross formed where the 20 MA and 200 MA crossed. We will see if the 200 MA will play the break to stake a long position. It is currently being pulled back to retest its value. Good buy-in point to TP for the coming weeks. Support - 0.34 Resistance 0.46
Nota
There was a lot of selling today for ADA. The RSI/ROC on the 4-hour chart shows that ADA was oversold, which indicates that the price has declined. Since it has been oversold, I will wait for the potential price bounce. Resistance is now its previous high, and I hope the price bounce will break 0.41. Support - 0.34Nota
ADA is playing the price bounce from its recent dip. I don't see much buying volume, which makes me bearish on ADA. Only time can tell if ADA will rally in October.
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