Hi,
I want to share my thoughts on ADA. I see a down trend/sideways trend which seems the same as august 2020. If you look at the chart you can see the 1w and 2w in which I compare the current position with that of august 2020. Although I don't believe the indicators will go down as far as august, I do believe we could see the down/sideways action till 1st maybe even 2nd week of april.
Because I only trade big positions with clear indicator signs I personally will let this 'noise' pass by till the indicators show price going up again.
I do believe there is some buying pressure left for the ADA-market and think it will resume going up after this phase.
What are your thoughts on this matter?
Note: I see this same pattern for the indicators and trend breaking for ETH and LINK.
These are my thoughts, please have your own ;)
(Indicators with thanks to David (Wyckeoffmode). )
I want to share my thoughts on ADA. I see a down trend/sideways trend which seems the same as august 2020. If you look at the chart you can see the 1w and 2w in which I compare the current position with that of august 2020. Although I don't believe the indicators will go down as far as august, I do believe we could see the down/sideways action till 1st maybe even 2nd week of april.
Because I only trade big positions with clear indicator signs I personally will let this 'noise' pass by till the indicators show price going up again.
I do believe there is some buying pressure left for the ADA-market and think it will resume going up after this phase.
What are your thoughts on this matter?
Note: I see this same pattern for the indicators and trend breaking for ETH and LINK.
These are my thoughts, please have your own ;)
(Indicators with thanks to David (Wyckeoffmode). )
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.