Recently I made an analysis on ADA. In said analysis I talked about a potential reversal from the bottom support of the falling wedge pattern. However, with the market going into capitulation-mode the pattern didn't hold and we fell right through it.
For now, I think there's more pain to come for the market, especially for alts.
My bearish targets for ADA are $0.4 and $0.3 respectively. My assumption is that BTC will continue the sell-off soon, so we might arrive at my targets sooner than later. Not sure if we're going to see a bounce from there. Depends if BTC hits my indicated green area below.
For now, I think there's more pain to come for the market, especially for alts.
My bearish targets for ADA are $0.4 and $0.3 respectively. My assumption is that BTC will continue the sell-off soon, so we might arrive at my targets sooner than later. Not sure if we're going to see a bounce from there. Depends if BTC hits my indicated green area below.
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šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.