ADA last buy
I know some of you were scared during the last 2 days as ADA dip quite considerably. This was a liquidity and stop loss hunting event. You have now the best bargain you could think off. This is a simple chart. As you can see ADA for the last year and half have reacted to the touch of the 200day MA. Well here we go we are excatly flirting with the MA. ADA has been moving slowly and trading in a tight range for 1 month and half. This has been a great accumulation which i expect to result in an upward explosion. If we clearly open and close on the daily below the 200 MA then i will think to exit. For now, if I had more capital i would add to my position. 4.2 should be coming pretty soon.
All the other indicators are showing an oversold condition and also the KST, ChandMO are waiting on the equilibrium line approaching a breakout.
Once again this was just a shake out.
Do not panic.
All the other indicators are showing an oversold condition and also the KST, ChandMO are waiting on the equilibrium line approaching a breakout.
Once again this was just a shake out.
Do not panic.
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