ADA heading below $0.04
It seems like Bitcoin will head below $9,000 easily taking out the alts with it. While many said it was alt-coin season, it is proving otherwise.
Clearly, there is much more room for declining prices. RSI for ADA is still high enough to sell. The MACD and Histogram are showing that they are entering a bear market and selling will resume.
Can things change? Absolutely. But, selling and buying back in is now a logical option as it doesn't seem that Bitcoin or Alts are done selling off.
Clearly, there is much more room for declining prices. RSI for ADA is still high enough to sell. The MACD and Histogram are showing that they are entering a bear market and selling will resume.
Can things change? Absolutely. But, selling and buying back in is now a logical option as it doesn't seem that Bitcoin or Alts are done selling off.
Note
Bitcoin has broken below $9,000 and will continue lower.Trade closed: target reached
Target reached $0.037
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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.
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.