ADAUSDT is under pressure from the lack of bullish fundamentals in the cryptocurrency market. Bitcoin is down 4% momentarily and pulling the entire cryptocurrency market with it. Cryptocurrencies are still trying to form a bottom.
(Chart 1: Price shows strong resistance to price and increasing bullish sentiment)
The global chart shows a bearish mood as indicated by the daily RSI and MACD indicators. We see that the price is testing the daily MAC-50 and the bullish candlesticks after the MACD test symbolize the beginning of a new fall.
The local chart, from the technical analysis point of view, shows a break-down of the support of the ascending channel and an exit from the support at 0.3890. The potential for falling is about 10% to the area of 0.3497
Regards R. Linda!
(Chart 1: Price shows strong resistance to price and increasing bullish sentiment)
The global chart shows a bearish mood as indicated by the daily RSI and MACD indicators. We see that the price is testing the daily MAC-50 and the bullish candlesticks after the MACD test symbolize the beginning of a new fall.
The local chart, from the technical analysis point of view, shows a break-down of the support of the ascending channel and an exit from the support at 0.3890. The potential for falling is about 10% to the area of 0.3497
Regards R. Linda!
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Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.