ADAUSD - 1D - Looking strong!
Updated
Not a financial advisor.
Bouncing off a support trendline that was resistance for some time.
It is important to see the major lower wick from the previous candle.
ADAUSD will surely rise!
Bouncing off a support trendline that was resistance for some time.
It is important to see the major lower wick from the previous candle.
ADAUSD will surely rise!
Note
if the current daily ends as a doji at support ... expecting a good rise on the next days!Note
As expected, ADAUSD moved higher.The problem is that ADAUSD (like other Alts) is making lower highs (not that bullish)...but on this update I want to point 2 possibilities:
1) it is possible that ADAUSD is making a bull flag, in that case:
2) in case the bull flag fails a drop to previous support is possible.
(Good luck!)
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