Trading volumes declined on the rebound.
On 1H and 4H Timeframes the chart formed a bearish takeover.
The price has fixed below 50EMA on the 1H TF.
I think the ADA will resume the decline after the fixation under the support level.
On 1H and 4H Timeframes the chart formed a bearish takeover.
The price has fixed below 50EMA on the 1H TF.
I think the ADA will resume the decline after the fixation under the support level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.