ADA - 4hr chart update

已更新
Quick ADA update:

ADA is below its 50EMA for this 4hr timeframe.

ADA is below its Bollinger Bands Middle Band Basis 20 Period SMA for this 4hr timeframe.

ADA is back in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe.

ADA is below its Volume Profile Visible Range VPVR Point of Control (POC) for this charts visible range.

ADA is above its Volume Profile Fixed Range VPVR Point of Control (POC) for the range that i have selected. ADA has also found some support from this level due to the buy volume located at the POC.

The Previous 4hr volume bar was above its Volume 20 Period Moving Average but was lower than the previous so we may see volume dropping slightly.

At the moment of typing this, ADA is in a new Descending Channel. ADA needs to close a 4hr candle above the new Descending Channel and above the Bollinger Bands Middle Band Basis 20 Period SMA and turn those levels into strong support.

The Chaikin Money Flow (CMF) is showing that ADA is back in the Distribution Zone and has dropped to -0.07. At the moment the CMF (Green Line) is still above its Least Squares Moving Average (LSMA) which is at -0.11. But note that the CMF is pointing downwards and the LSMA is pointing upwards so we may see more distribution. We need the CMF (Green Line) to eventually cross back above the Zero Line into the Accumulation Zone.
快照


The Average Directional Index (ADX DI) is indicating a strong trend with the ADX (Yellow Line) at 29.13 above its 9 Period EMA (Blue Line) which is at 25.81. The -DI (Red Line) is at 23.72 an still above its +DI (Green Line) which is at 10.72. Notice that the -DI (Red Line) has dropped and is pointing downwards and the +DI (Green Line) is starting to pointing sideways, this is an indication of weakening negative momentum and we may see a possible increase of positive momentum. We eventually need the +DI (Green Line) to cross back above the -DI (Red Line) for this 4hr timeframe.
快照


At the moment, all cryptos are at the mercy of Binance & the market makers BTC manipulation, so we will have to see how BTC develops.

I hope this is helpful with your trading and hodl-ing.
注释
快照
ADAbollingersbandcardanocmf-lsmaexponentialmovingaveragesichimokukinkohyoMoving AveragesSupport and ResistanceVolumevpfrvpvr

免责声明