Good morning ladies and gents! Like many other alts, you are currently sitting at critical areas of support with some bullish signals. ADA has been on a long term downtrend, but at critical areas of support, you are showing Hidden Bullish Divergence on the Weekly MACD as well as Bullish Convergence on the RSI. You are also showing lower levels of volume through negative price action on our impulses down.
Their are quite a few alts showing the same variables but with different cases to support a better opportunity for a long position as some of them are seeing near break outs of a down trend or currently at the bottom of a long term up trend they have been in since listing.
Unfortunately, you have not turned teal on the Gaussian Channel which is not as good of a signification as it is for Litecoin as you have had that teal indication!
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$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
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Their are quite a few alts showing the same variables but with different cases to support a better opportunity for a long position as some of them are seeing near break outs of a down trend or currently at the bottom of a long term up trend they have been in since listing.
Unfortunately, you have not turned teal on the Gaussian Channel which is not as good of a signification as it is for Litecoin as you have had that teal indication!
Twitter: twitter.com/ChArtworks_TA
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg/Ety65Ft
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!