ADA is holding well above MA 50

HI friends,

This is a pretty slow week BTC is mowing sideways but BTC is holding well on MA 50 in 4 hour chart, it has tested
MA 50 as support and proved also. Since BTC wants to go upwards ADA will follow BTC . Let's look into 4 hour chart.
ADA is also above MA 50 this looks good for now. MACD shows also a bullish cross over so I would expect same upwards move by ADABTC .

It is educational purpose only do your own research before investing in something.

Have a nice weekend

Comentário:

ADA was doing well it supposed to reach the upper line of the ascending channel but instead of doing so ADA broke down the channel. RSI is forming lower highs and MACD felt below zero I can't see any positive sign.

It is educational purpose only do your own research before investing in something.

Comentário:

www.tradingview.com/chart/nDxZKENZ/