-Due to the momentum (yellow arrows) and volume of the red candles, ADA has no power to rise. -in certain circumstances such as the release of bullish news, the orange scenario is possible, which I will update if that occurs. -Bitcoin also has no bullish power and may go as low as 51k.
However, this does not mean I'm a bear! Because during these crashes, BTC and ETH Exchange Flows have been decreasing (Especially Ethereum). It seems like big guys want to fill their bags with a cheaper price.
In general, better opportunities are on the way. don't miss them!
Dear Friends, If you are interested, It would be great to show your support by liking and maybe posting your comment Good time
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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.