ADAUSDT: Possible to Hit My Lower Target of $0.08016 in Weekly.
Hi Everyone! Unfortunately, we have seen a dramatic change lately in the indicators. Especially, with the 2-Day and 3-Day time frames. We can anticipate a bit more downward pressure to come. We need to see the White Energy in the 2-Day "CLOSE" above 50 before the Red RSI in the 4-Day "CROSSES" below 50 in order to see a transition from downward pressure to sustained upward pressure. I anticipate more downward pressure to continue through the weekend...
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UPDATE:
There is no guarantee the price action will fall down during a period of downward pressure to my lower Aqua Blue Diagonal Channel. I'm simply pointing out the "odds" are increasing for the price action to fall down to our LOWER Aqua/Orange B-Bands at the top of my Aqua Blue Diagonal Channel.
There is no guarantee the price action will fall down during a period of downward pressure to my lower Aqua Blue Diagonal Channel. I'm simply pointing out the "odds" are increasing for the price action to fall down to our LOWER Aqua/Orange B-Bands at the top of my Aqua Blue Diagonal Channel.
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4-Day TF:
4-Day TF:
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UPDATE:
The White Energy is quite a bit higher than the Green Line in the Daily (24h) Time Frame. We may only run up to the Yellow B-Band BASIS (YELLOW ARROW) in the Daily Time Frame then see a pullback along with BTCUSD possibly having a pullback.
The White Energy is quite a bit higher than the Green Line in the Daily (24h) Time Frame. We may only run up to the Yellow B-Band BASIS (YELLOW ARROW) in the Daily Time Frame then see a pullback along with BTCUSD possibly having a pullback.
2-Day Time Frame: