ADA is currently ranging a bit and market has to decide the direction of the next movement.
It will be affect by the BTC market, but ADA has a good potential to bounce from here or the next lower support line. More drop will result in a heavy sell of and finding support in between or the lowest support line.
Good entry would be the breakout of the ranging area or a solid bounce from support.
I will wait and see how the market decides, also possible is a ranging movement out of the triangle and just ranging for several days/weeks which would be a good sign for long entry loadups.
It will be affect by the BTC market, but ADA has a good potential to bounce from here or the next lower support line. More drop will result in a heavy sell of and finding support in between or the lowest support line.
Good entry would be the breakout of the ranging area or a solid bounce from support.
I will wait and see how the market decides, also possible is a ranging movement out of the triangle and just ranging for several days/weeks which would be a good sign for long entry loadups.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.