Cardano Challenges Critical Support = 50% Bullish vs 50% Bearish
The Doji, which came up yesterday for ADAUSD, signals lack of momentum/indecision and also favors continuation at this point.
We see prices trading below EMA10.
This is a decision point.
Here we have a "critical support".
If this level break, we will see a strong drop.
At the same time, a reversal can happen anytime but the technicals are currently favoring the bears side.
Namaste.
We see prices trading below EMA10.
This is a decision point.
Here we have a "critical support".
If this level break, we will see a strong drop.
At the same time, a reversal can happen anytime but the technicals are currently favoring the bears side.
Namaste.
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