ADA/USDT- Momentum will be hard to sustain- Expecting Retrace
Watching for a rejection here- Consider re-entry at .032
I'd like to see us dip back towards the 0.32USD mark to retest the break price before a push further forward.
Most alts are largely running off BTC's resurgence so keep in mind a lot of retail investors remain in the negative and that is skewing the charts to make things appear stronger than they are.
Consider positions and profit taking with that in mind.
BTC is moving into an area of minimal resistance between 24K and 29K if it doesn't dip prior to moving into these ranges I will be surprised.
As always, Just my thoughts and TA
Feedback Welcomed.
Stay Safe, Good Hunting!
Bingaz.
I'd like to see us dip back towards the 0.32USD mark to retest the break price before a push further forward.
Most alts are largely running off BTC's resurgence so keep in mind a lot of retail investors remain in the negative and that is skewing the charts to make things appear stronger than they are.
Consider positions and profit taking with that in mind.
BTC is moving into an area of minimal resistance between 24K and 29K if it doesn't dip prior to moving into these ranges I will be surprised.
As always, Just my thoughts and TA
Feedback Welcomed.
Stay Safe, Good Hunting!
Bingaz.
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