ADA (Prj.2019.P01.E01).Not low enough

2019年8月14日

I'm a fan of ADA and as a project I feel it has large potential. The company structure, vision and openness give me trust that they are a professional team. Hence why I'm looking long term.
As all projects are speculative, some priced more than they should be, ADA might be one of those under-priced in the near future.

I might, if the price is right, use some of my BTC to buy cheap ADA. What price is that, near bottom where its heading.

Observation:
On the Daily, it still a bearish down trend and the squeeze is coming towards the bottom for what could be a potential up break, but not anytime soon.
The pattern is bearish, the trend is bearish.
The RSI is operating in the bearish region and the Stochastic RSI is indicating a move to the downside.
Daily 21 EMA still acting resistance. Until this is broken, don't consider a reversal is near.

2019年8月14日

註釋

for now... its hit support but for how long.

2019年8月20日

註釋

2019年8月25日

註釋

2019年8月25日

註釋

Adjusted some fib.level and potential patterns

2019年8月27日

註釋

Chart update: