So, this ABC could be done. or it could continue to .786 (around 0.67$). I'm actually quite impressed this coin didn't correct as much as the others...it could mean significant strength in the grand scheme of things.
We had a good sign that the correction would take longer (not only for ADA but across the board when it broke the trend line that started in late 2020 and lasted all the way to late 2021. RSI support has been pretty good on the oversold limit since late last November. We've been creating some small divergences ever since.
I do expect us to retest the bear trendline breakout sooner or later. Sooner means a higher low, later means a lower low and a new divergence, which should make the coin go on a long bullish run. Always keep an eye on
BTC and $BTC.D.
Safe Trades.
We had a good sign that the correction would take longer (not only for ADA but across the board when it broke the trend line that started in late 2020 and lasted all the way to late 2021. RSI support has been pretty good on the oversold limit since late last November. We've been creating some small divergences ever since.
I do expect us to retest the bear trendline breakout sooner or later. Sooner means a higher low, later means a lower low and a new divergence, which should make the coin go on a long bullish run. Always keep an eye on
BTC and $BTC.D. Safe Trades.
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