The immediate objective for ADA bulls is to move price towards the green trend line.
50D EMA is now about to reach the 200D EMA moving towards a possible Dead Cross scenario.
There is still no bullish cross on the Week Stoch RSI although it's at the Oversold Territory.
The MACD has a massive bullish cross.
If the bears still have enough steam then the pink bar could be the next target.
It's still a waiting game.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
50D EMA is now about to reach the 200D EMA moving towards a possible Dead Cross scenario.
There is still no bullish cross on the Week Stoch RSI although it's at the Oversold Territory.
The MACD has a massive bullish cross.
If the bears still have enough steam then the pink bar could be the next target.
It's still a waiting game.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader