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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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
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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
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.