Since topping around $3 in September, ADA has severely been underperforming other alts. The direction of trading has been virtually only down for the past three months, with no end in sight yet.
I'm looking at two different possibilities. The first one, the best case scenario, would be that ADA will not go any lower from here. The $1.50 support will hold and the daily RSI hitting oversold areas will signal a great buying opportunity for investors. Expect a period of consolidation before going up again.
Worst case scenario would be for the price to continue going down, back into the horizontal channel. A period of trading within the channel might be needed before going up again. Don't expect anything good in the coming two months, might see some bullish pressure into February.
Happy trading!
I'm looking at two different possibilities. The first one, the best case scenario, would be that ADA will not go any lower from here. The $1.50 support will hold and the daily RSI hitting oversold areas will signal a great buying opportunity for investors. Expect a period of consolidation before going up again.
Worst case scenario would be for the price to continue going down, back into the horizontal channel. A period of trading within the channel might be needed before going up again. Don't expect anything good in the coming two months, might see some bullish pressure into February.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。