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🔥 ADA Downward Channel

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With BTC dominance falling like a brick, alts are losing steam by the day. Lots of alts are displaying similar patterns, one of the more common ones is a bearish channel.

ADA has slowly but surely trading down in this bearish channel, showing no signs of a bullish reversal anytime soon. When trading alts, keep an eye out for BTC, since alts tend to follow BTC's every move.

Current target would be the bottom of the channel.

Happy trading!
Nota
Price is going up at the moment. Short entry not hit yet.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.