Hi ,
Looks like ADA its following Mr. Wyckoff Logic . In this case next step should develop like this with open mind .... Im not here to give you buy and sell signals but i did add some Red Lines witch should represent more of the support territory and also Light blue lines and they should give us some resistance areas. The sell offs in new high areas CAN NOT be to big guys keep that in mind . Our OBV its building up and holding thats positive . We all see RSI havind lower lows . Thats all bullish . I have Cardano for some time now if helps you FYI. Lest keep in mind that ADA its strongly connected with BTC price actions . So if we see any weakness on that side ADA will follow like a dog . Lets not forget christmas, US gov Shut down, Keep your eyes open out there .
Remember Risk management its the key !
Looks like ADA its following Mr. Wyckoff Logic . In this case next step should develop like this with open mind .... Im not here to give you buy and sell signals but i did add some Red Lines witch should represent more of the support territory and also Light blue lines and they should give us some resistance areas. The sell offs in new high areas CAN NOT be to big guys keep that in mind . Our OBV its building up and holding thats positive . We all see RSI havind lower lows . Thats all bullish . I have Cardano for some time now if helps you FYI. Lest keep in mind that ADA its strongly connected with BTC price actions . So if we see any weakness on that side ADA will follow like a dog . Lets not forget christmas, US gov Shut down, Keep your eyes open out there .
Remember Risk management its the key !