ADA/USD & BTC: POTENTIAL Exhaustion of Supply in Couple of Days
Hi Everyone! In order for us to see a CHANCE for reversal to sustained upward pressure, we need the ADABTC pair to show clear sign of EXHAUSTION of supply. We have a CHANCE for this when we have a look at the NEXT 5-Day candle; to begin in another 1-Day and 15-hours. Looks like we still have downward pressure for a bit longer until we see the next 5-Day and 4-Day candle begin in approximately 1-Day and 15-hours.
If BTCUSD has another episode of downward pressure again, we can anticipate ADAUSD and ADABTC to follow suit most likely. We're not out of the woods just yet. Let's see what the NEXT 4-Day and 5-Day candles look like. We don't know what we don't know UNTIL we know it!
Happy Trading and Stay Awesome!
If BTCUSD has another episode of downward pressure again, we can anticipate ADAUSD and ADABTC to follow suit most likely. We're not out of the woods just yet. Let's see what the NEXT 4-Day and 5-Day candles look like. We don't know what we don't know UNTIL we know it!
Happy Trading and Stay Awesome!