ADA - Oversold
Updated
Cardano is just in a range of oversold that I'm guessing it might go up again.
This scenario on the 4h Chart only occurred once in the past and then it rose +30%.
Obviously it isn't guaranteed that the price will move upwards any time soon.
Couldn't find any other bullish indicator at the moment. ( but looks like a good entry point or accumulating further ADA with caution )
!!!!!!!!!!!!!!!!!!!!! But I don't know what I'm talking about, just guessing here. !!!!!!!!!!!!!!!!!!!!!
This scenario on the 4h Chart only occurred once in the past and then it rose +30%.
Obviously it isn't guaranteed that the price will move upwards any time soon.
Couldn't find any other bullish indicator at the moment. ( but looks like a good entry point or accumulating further ADA with caution )
!!!!!!!!!!!!!!!!!!!!! But I don't know what I'm talking about, just guessing here. !!!!!!!!!!!!!!!!!!!!!
Trade closed: stop reached
Leaving the trade since there is a hidden bear div in the 1h Chart, might go down further south, just to be safe
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