ADA is still moving under a descending trend still not showing any form of bullish attempt to breakout or above trend as you can see in my Daily Timeframe (Green line) and Hourly Timeframes (Ash Line), so I'm still bearish for now.
Although would wait for price to test the Hourly Timeframe and see how price reacts at that level and change if need be, but I'm expecting a rejection from both the order zone and trendline.
Although would wait for price to test the Hourly Timeframe and see how price reacts at that level and change if need be, but I'm expecting a rejection from both the order zone and trendline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.