ADA has been struggling to hold the long-term support (since 2018) at around $0.4. However, it can be seen that a bearish flag is formed.
In 2D TF, the flag was broken down. Volume indicators propose that prices will continue to go down.
It can be also seen that the 2018 support was broken with medium volume. If market sentiment is not good the next days, panic sell may happen for ADA.
Trade chiuso manualmente:
BTC and the whole market are strong. Better close trade here and wait for a reactivation later.
Trade attivo:
Trade reactivated
Trade chiuso manualmente:
Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)
specially with MFI (to be confirmed)
Trade attivo:
BTC is weak although stock has risen.
Commento:
TP1 $0.336 was hit
Trade chiuso manualmente:
Trade closed waiting for better entry and condition.
