ADA looks like its going through the path of continuing to fall as it crossed 2 support lines and touched them shortly after. Unlike BTC, BCH or ETH there its more likely to see another fall until a reversal.
Let me know if you think ADA is different to other altcoins
I'm still reading and studying. In 30 minutes chart it looks like it's going to fall and also looks like a broadening top to me in the small area where the line is blue on top and the line is green below like it going to fall but it most often occurs at major market tops so I'm not sure. On a 4 hour chart it also looks like it's going to fall also on a daily but might form head and shoulder to go up as weekly seems that it might go up
TotoParasca
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@angelsmfg, Yes you are right its tricky. There a good resistance at 0.1222xx where it can bounce a little up where it should go as high as the intersection of the upper blue and lower green lines. What do you think of this?
angelsmfg
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@TotoParasca, I'm not sure up to where. If it's really forming head and shoulders then maybe it can be almost the same measurement of the other shoulder increase or close to then down again? But others are seeing bigger head and shoulders> I think we have to look from small or bigger view or big to smaller view then monitor to make sure> I'll get back to you again and read more and maybe we can exchange more ideas later
angelsmfg
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@TotoParasca, When I look at the chart, it's like Im seeing different patterns and angles and every recent movement is like changing it.
TotoParasca
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@angelsmfg, Fully Agree. Its the same all the time with crypto and forex, there are many possibilities then as the price moves they are narrowed down, but so are the opportunities. Best is to look at the bigger trends and see how they interact with the small ones. However, crypto is very news sensitive and very BTC sensitive so would be a good idea to keep an eye on these two as well