Will ADA drop below the support ?
ADA is currently in a position between heaven and hell.
The price is between an important support line and resistance.
On the 9th of october there was a massive imbalance in favor of the Bears.
Since then the price is in a consolidation area, in which the seller seem to have more power.
If the price drops below the support, i would short it from 479 until 468.
The price is between an important support line and resistance.
On the 9th of october there was a massive imbalance in favor of the Bears.
Since then the price is in a consolidation area, in which the seller seem to have more power.
If the price drops below the support, i would short it from 479 until 468.
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.