ADA - Where is our support? Long-term ✅
Back to Cardano.
This one is simple:
It acts a bit different but still bearish as the rest of the market.
Here is the support we've been sitting on since January 2021.
Where does this support end? Around $1.00. Which considering the MACD down there, we can say that this bearish market and the high sell volumes are taking the price down to the $1.00 area one more time, and then... well who's to say? We'll do another analysis when it's the right time. But now it's down down down!
Current Market Price: $1.2370
Good Luck
Tell me your ideas. Like and Share
This one is simple:
It acts a bit different but still bearish as the rest of the market.
Here is the support we've been sitting on since January 2021.
Where does this support end? Around $1.00. Which considering the MACD down there, we can say that this bearish market and the high sell volumes are taking the price down to the $1.00 area one more time, and then... well who's to say? We'll do another analysis when it's the right time. But now it's down down down!
Current Market Price: $1.2370
Good Luck
Tell me your ideas. Like and Share
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