DADA| Mixed signals
Hey all,
DADA is looking very hard to interpret at the moment.
On the positive side:
- Very evident lower support at 24.45$
- RSI is giving us bullish signals
On the negative:
- MAs are coming down hard to provide resistance
- Previous support at 29$ will probably provide Overhead supply
Not sure how to play this one, will be watching to swing the upside if we see a break above MAs soon.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
DADA is looking very hard to interpret at the moment.
On the positive side:
- Very evident lower support at 24.45$
- RSI is giving us bullish signals
On the negative:
- MAs are coming down hard to provide resistance
- Previous support at 29$ will probably provide Overhead supply
Not sure how to play this one, will be watching to swing the upside if we see a break above MAs soon.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
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