Few days ago I made an analysis on ADA. In this analysis I talked about the potential moves for ADA in the near future.
One of the moves I talked was a reversal from the top of the consolidation channel, which has now occurred.
A big reason for this strong bounce is the oversold RSI on the daily chart. Every time over the last months that the daily RSI dipped below 30, a strong bounce followed.
However, I'm not 100% convinced on the bullish direction yet. If we can close a daily candle above the $1.83 area (dotted line), I'm switching bullish.
Happy trading!
One of the moves I talked was a reversal from the top of the consolidation channel, which has now occurred.
A big reason for this strong bounce is the oversold RSI on the daily chart. Every time over the last months that the daily RSI dipped below 30, a strong bounce followed.
However, I'm not 100% convinced on the bullish direction yet. If we can close a daily candle above the $1.83 area (dotted line), I'm switching bullish.
Happy trading!
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🎯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
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。