ADA - getting close to a reversal - begin buy back process now
Looks like ADA's cool down is almost complete. I think it needs one more drop down, could be a a quick wick type of situation and not one where it lingers at a support level.
MACD showing some promise on a potential turn back up.
RSI looking like its bottoming.
Approaching the bottom of the trend channel starting back in Dec 2020.
Overall ADA still looking very strong when you zoom out.
Already started to dollar cost average back into this one ... wanted to wait until $1.00 after closing all my positions days ago, but I dont want to be too greedy and miss out on the real moon shot.
Setting up more buys spread out on previous resistance lines where it meets the bottom of the channel. Any entry below $1 is a gift.
MACD showing some promise on a potential turn back up.
RSI looking like its bottoming.
Approaching the bottom of the trend channel starting back in Dec 2020.
Overall ADA still looking very strong when you zoom out.
Already started to dollar cost average back into this one ... wanted to wait until $1.00 after closing all my positions days ago, but I dont want to be too greedy and miss out on the real moon shot.
Setting up more buys spread out on previous resistance lines where it meets the bottom of the channel. Any entry below $1 is a gift.