alromeb

ADA shows weakness

Viés de baixa
KRAKEN:ADAUSD   Cardano
Price action is getting weaker with smaller bodied candles along with reducing volume. Resistance above where a large supply would dampen any momentum and absorb all demand easily! The 200 EMA being a resistance doesn’t not support the bullish narrative! A drop will probably take us back to the lows of December for a potential double bottom, but I think this maybe the last of Cardano bear before proper accumulation starts!

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.