Cardano / TetherUSShort
ADA down trend
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ADA has started its down trend since Aug 30. 2021, for the first time when ADA touched the $3.11, and commenced forming its dynamic trend.
for the second time it tried the dynamic trend at $2.37, Nov 08. 2021, at which ADA sharply shadowed downward.
The last significant ADA's attack to this dynamic trend happened on Jan 17. 2022, at which after peneteration to the dynamic trend line it was rejected sharply down ward.
ADA re-touched the dynamic trend line on Feb 2022, as well but it seems that could not break the trend line up and was rejected again.
in spite of breaking the resistance level at $1.17 - $1.19, though dynamic trend line stopped it.
should BTC could not maintain $44500 and crash down, for sure it would affect ADA and would re-crash to $0.95
This is personal idea, and I am not a financial adviser.
ADA has started its down trend since Aug 30. 2021, for the first time when ADA touched the $3.11, and commenced forming its dynamic trend.
for the second time it tried the dynamic trend at $2.37, Nov 08. 2021, at which ADA sharply shadowed downward.
The last significant ADA's attack to this dynamic trend happened on Jan 17. 2022, at which after peneteration to the dynamic trend line it was rejected sharply down ward.
ADA re-touched the dynamic trend line on Feb 2022, as well but it seems that could not break the trend line up and was rejected again.
in spite of breaking the resistance level at $1.17 - $1.19, though dynamic trend line stopped it.
should BTC could not maintain $44500 and crash down, for sure it would affect ADA and would re-crash to $0.95
This is personal idea, and I am not a financial adviser.
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