ssari

ADA.ETH (Y21.P2.E1).Is it getting momentum?

Long
ssari Updated   
BINANCE:ADAETH   Cardano / Ethereum
Hi Traders,

Its worth looking at ADA vs ETH because if one is about to do well over the other, then it makes sense to change your ratio holdings on that specific coin.

For now, I see ADA getting momentum but it has a strong resistance line coupled with the sloping resistance trend line as well as the horizontal fib level resistance.
Hence I I will not consider flipping the ratio until I see this level taken.



All the best,

S.SAri
Comment:
No change in downward pressure as per the indicator on the lower time frames.

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.