Note: the leading four zero's are omitted in the text for clarity. Example: 0.00002550 is quoted as 2550.
Recent movements are classified as a consolidation phase within the longer term down trend. In other words, ADA is underperforming BTC on a significant scale. Focus remains on the target around 955 as long as the main resistance area around 1440 hovers above the market. A more aggressive approach is to maintain stops at 1325.
Trend: moderately negative
Outlook: late phase down trend, moderately negative
Strategy: avoid or hold-short with trailing stops > 1325
Support: 955*
Resistance: 1325 / 1440 / 1660
Outlook cancelled/neutralized above 1325 or 1440 (depending on your risk appetite)
Recent movements are classified as a consolidation phase within the longer term down trend. In other words, ADA is underperforming BTC on a significant scale. Focus remains on the target around 955 as long as the main resistance area around 1440 hovers above the market. A more aggressive approach is to maintain stops at 1325.
Trend: moderately negative
Outlook: late phase down trend, moderately negative
Strategy: avoid or hold-short with trailing stops > 1325
Support: 955*
Resistance: 1325 / 1440 / 1660
Outlook cancelled/neutralized above 1325 or 1440 (depending on your risk appetite)
Dagangan ditutup: sasaran tercapai
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.