ADA - Time for a pullback before move higher!!
ADA has bounced nicely off the bottom of the channel, which was as the demand area around 1220 and we could now see a pullback to the 61.8%FIB level or to the lower end of the channel again. RSI is nearing resistance but still has some room to move up and MACD has turned bullish so a small pullback is probably what is needed to propel this higher on the next move.
Cardano is finding resistance hear forming a tweezer top so far and it would be better to enter at a lower price to increase R:R. Stops set below SFP on the last move below the support zone.
Thanks guys!
Cardano is finding resistance hear forming a tweezer top so far and it would be better to enter at a lower price to increase R:R. Stops set below SFP on the last move below the support zone.
Thanks guys!
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