ADAUSD: Casual Conversation on Current Potential Price Movement
Hi Everyone! This is a follow-up video publication to the previous chart publication; pointing out potential future price target if downward pressure were to continue. We are at risk of falling down to the Orange Lower B-Band in the 3-Day time frame in the next 3-Day candle; maybe the next 3-Day candle after that.
Yes, we have an "attempt" currently for upward pressure in the Short Term Groups of time frames. However, it currently does not look like this will provide "sustainable" upward movement for the Near Term yet. Mainly due to how low the Red RSI and Blue LSMA are in most of the Near Term Group of Time Frames.
Yes, we have an "attempt" currently for upward pressure in the Short Term Groups of time frames. However, it currently does not look like this will provide "sustainable" upward movement for the Near Term yet. Mainly due to how low the Red RSI and Blue LSMA are in most of the Near Term Group of Time Frames.