jtamez1983

ADA might still DIP to 1.60.

KRAKEN:ADAUSD   Cardano
From looking at the 90Min, 3Hr, 6Hr and 12Hr time frames ADA might still dip to $1.60 or close to the Bollinger Band Basis on the 12 Hr time frames. 90Min red RSI below 50, Energy higher than the green. 3Hr, Blue LSMA is below 50, has not closed yet but looks like it will and red RSI getting below 60. Similar trend following the 6Hr time frame. All this 90Min, 3Hr, 6Hr close in the next 45 Min or so. Might want to wait until then to enter a buy the dip or Margin long as higher time frames are still bullish. Big Thank to @WyckoffMode for access to his indicators, still in learning mode.

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.