ShawnMCR

ADA - Where is our support? Long-term ✅

BINANCE:ADAUSDT   Cardano / TetherUS
Back to Cardano.
This one is simple:
It acts a bit different but still bearish as the rest of the market.
Here is the support we've been sitting on since January 2021.
Where does this support end? Around $1.00. Which considering the MACD down there, we can say that this bearish market and the high sell volumes are taking the price down to the $1.00 area one more time, and then... well who's to say? We'll do another analysis when it's the right time. But now it's down down down!

Current Market Price: $1.2370

Good Luck
Tell me your ideas. Like and Share

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.