ADA Exchange Trading Idea
I had to switch over to the BitFinex Exchange because ADA has broken below the all time low on Coinbase. What that means is that since the listing of ADA on Coinbase, it has reached a new low. Pretty shocking.
On this chart, you can see we are nearing the 78.6% level but honestly, technicals can only get you so much information at this point in history. With the Russia invasion of Ukraine going on, the mining capacity worldwide is in question. I would wait until that is resolved before looking at any cryptos.
On this chart, you can see we are nearing the 78.6% level but honestly, technicals can only get you so much information at this point in history. With the Russia invasion of Ukraine going on, the mining capacity worldwide is in question. I would wait until that is resolved before looking at any cryptos.
Related publications
Disclaimer
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.