ADA Cardano at a Crossroad, Bearish wedge or stil IH&S

2019年1月3日

Several Alts show the same picture as ADA' is showing here at the moment. The move up are getting weaker lately and it has turned into the shape of a bearish wedge. The volume is not perfect for a wedge though, also thinking about the holiday's the past 10 days or so, the volume picture might be even completely wrong. For now i think it's important to watch the range on the left, between the red and green zone. We can zee a small bullish wedge against a small H&S. I still think the past week might all be noise because of the holiday's, i am just not sure about it. A year ago there was no noise, but that was because the hype was extreme those days. So i would just stay open minded between the 2 levels and make your decision after it breaks.

My personal assumption is, the real direction of the market will be shown next week, from around Monday, assuming volume increases again.



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