remain bearish!!
this wont be liked, but it is what it is.
if we cant brake chanel aupward and retest as resistance, remains bearish.
3 day chart so far has turned in to a scary bearish engulfing candle, however one more day to close candle.
indicators showing a hidden bearish divergence, price has printed a lower high, how ever indicators are the opposite. Usually tells me there is more to the trend to come. In this case we are in a downward trend.
if support cant hold as the last time, we can expect ADA in the thirtish cents if a fractal plays out. yea i know, i also did not see ADA two months ago below 1.40,, and 2018 i did not see ada blow 80 cents and held till 2cents, but i learned and bought more, and now im patient waiting for sweet spots. If they come they come,, if not plenty of oportunities will come.
Dont go all in, lather down your buys, there will be plenty of opportunity. Most important take some profits for times like this.
NOT FINANCIAL ADVICE JUST SHARING MY OPINION ON CHARTS.
if we cant brake chanel aupward and retest as resistance, remains bearish.
3 day chart so far has turned in to a scary bearish engulfing candle, however one more day to close candle.
indicators showing a hidden bearish divergence, price has printed a lower high, how ever indicators are the opposite. Usually tells me there is more to the trend to come. In this case we are in a downward trend.
if support cant hold as the last time, we can expect ADA in the thirtish cents if a fractal plays out. yea i know, i also did not see ADA two months ago below 1.40,, and 2018 i did not see ada blow 80 cents and held till 2cents, but i learned and bought more, and now im patient waiting for sweet spots. If they come they come,, if not plenty of oportunities will come.
Dont go all in, lather down your buys, there will be plenty of opportunity. Most important take some profits for times like this.
NOT FINANCIAL ADVICE JUST SHARING MY OPINION ON CHARTS.
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