Bouncing off a support trendline that was resistance for some time. It is important to see the major lower wick from the previous candle. ADAUSD will surely rise!
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if the current daily ends as a doji at support ... expecting a good rise on the next days!
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As expected, ADAUSD moved higher. The problem is that ADAUSD (like other Alts) is making lower highs (not that bullish)...but on this update I want to point 2 possibilities:
1) it is possible that ADAUSD is making a bull flag, in that case:
2) in case the bull flag fails a drop to previous support is possible.