ADA - Broken channel and retesting for further downside
Broken down on the short term channel with with a high volume breakdown, currently a retest to the top side of the longer term descending wedge. Rejecting off the 200 1hr EMA. Expecting further downside from here to the lower trendline support
Broken down on the short term channel with with a high volume breakdown, currently a retest to the top side of the longer term descending wedge. Rejecting off the 200 1hr EMA. Expecting further downside from here to the lower trendline support
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Related publications
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.