$ADA - The pain isn't over lads.

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As for the actual TA. BTC dominance is still strong. I see 5 clear impulse waves up. The cycle seems over for now and this feels a lot like the A of a flat about to finish. But we still need to go lower to fetch some divergences on lower timeframes. Cryptoheat's Stochastics MTF is printing a big time Daily FakeUP (yellow arrow on the bottom) and I do expect it to reclaim what its owed before long.

I will be waiting for a 12H or Daily Buy signal to buy here. For now shorts seem like the logical path.

My First Idea with the Indicator FSS - Floki's Secret Sauce on the chart. Seems to do pretty well on this chart on the daily timeframe.

Safe trading to all!

Penafian

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