The sharp change in the mood of the BTC market did not allow ADA buyers to reach our target of $0.4. In , we noted that the critical point for continued growth is around $0.25. Sellers tried to reverse the trend of buyers, but were able to leave behind only the wrong breakdown. Trading volumes increased during the fall in prices. However, the rebound from the mark of $0.25 began at the same volume.
The strength of the ADA market has leveled off. While the price is below the range of $0.296-0.302 to buy the coin is dangerous from current prices. If the current attempt of buyers to break through and consolidate above $0.296-0.302 is unsuccessful - the price of ADA will easily re-test the mark of $0.25.
The situation in the ADA market is negative. if you look at the 12-hour timeframe. Buyers were unable to reverse the market situation within 24 hours. The next candle can start with a new wave of fall. So now it is better to wait for the breakthrough of critical points and join the stronger side. ___________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
why there is no updates yet since last breakout! Could you please share with us new target levels for both entry, exit and time frame expect to reach both.
P_S_trade
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@decimalBoa50339, because we also have a weekend.
we do updates when we deem it necessary and when there is time for it.
if you want an individual analysis, write in private messages
decimalBoa50339
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@P_S_trade, Don't you think it's an important to update the current idea since its too close to the target.
P_S_trade
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@decimalBoa50339, ideas on tradingview this is our charitable contribution in our free time.
Who gratefully appreciates our work, he receives all the updates on time
decimalBoa50339
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@P_S_trade, We are all learning from each others and there plenty of ideas on TradingViews which are great and some are in need to be updated by tradingview community people. I thought bring this topic up makes you happy but sounds like you got me wrong from beginning. Anyway thanks for posting it initially. have fun.