Not financial advice!!!
After several days of huge dumpage...
ADABTC looks like it is
1) forming a double bottom
2) RSI & Stoch RSI Bottomed
3) Volume decreasing
what's next?
-More dump
-Some pump
After several days of huge dumpage...
ADABTC looks like it is
1) forming a double bottom
2) RSI & Stoch RSI Bottomed
3) Volume decreasing
what's next?
-More dump
-Some pump
Nota
ADA against the dollar moving further down.Nota
It seems that ADABTC is creating a lower low... => Therefore I was 100% wrong about the double bottom.
I still see a possibility of rebound at the next support.
The indicators are looking like a possible trend reversal.
<probably not a perfect double bottom>
Nota
If this next support fails...it opens the door to lower BTC values.=> range in green!
I can see the chart wicking down...
Nota
4H Bullish divergence!Do note Binance's marvelous wicks. (possibly other exchanges have them as well)
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.