ADAUSD - 4 Hour - My Thoughts
Hello Friends, This is my 4 hour two week chart. We are currently in the NO TRADE ZONE.
Like all alts, depending on what BItcoin does. A change of direction can happen at any time. That said, the lines shown on my chart is based on the perfect world.
Cardano Looks like it may be heading down to .081. At that point it drop even farther to .061. I'm leaning Bearish being that we broke center line and the RSI is in a bearish downward movement. My second call, would be that we go sideways for a while before turning bullish.
SHORT TERM: Bearish
MID TERM: Bearish / Neutral
LONG TERM: Neutral / Bearish
I am not an investment adviser, so please do your own homework.
If you like my chart, please share , Like and Follow... By following, you'll be able to see how my Chart performs and get the next update.
Like all alts, depending on what BItcoin does. A change of direction can happen at any time. That said, the lines shown on my chart is based on the perfect world.
Cardano Looks like it may be heading down to .081. At that point it drop even farther to .061. I'm leaning Bearish being that we broke center line and the RSI is in a bearish downward movement. My second call, would be that we go sideways for a while before turning bullish.
SHORT TERM: Bearish
MID TERM: Bearish / Neutral
LONG TERM: Neutral / Bearish
I am not an investment adviser, so please do your own homework.
If you like my chart, please share , Like and Follow... By following, you'll be able to see how my Chart performs and get the next update.
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