ADA/USD - May 1 - Sideways again
Hello friends!
Today's update is will be brief as it's already well into the day and price action looks the same as yesterday. Later today I will be posting a video on the TA for the next 10 days which is quite interesting. Clearly ADA did not break out to higher prices by May 1, but with many new candles today we can see what the first part of May is going to look like.
Today ADA/USD will be largely sideways again in a narrow range around the 1.34 fib.
Current 3H and 6H charts are down but mostly sideways in the range of 1.31 to 1.36, centering around the 1.34 fib/1.35 level.
Indicators in the 12H are mostly sideways with very little momentum in either direction and low volume. Again, prices should be around the 1.34 level
Finally, in the daily is very similar to yesterday. Prices should range between 1.28 adn 1.39, but mainly around the 1.34 level.
Good luck and good fortune!
Today's update is will be brief as it's already well into the day and price action looks the same as yesterday. Later today I will be posting a video on the TA for the next 10 days which is quite interesting. Clearly ADA did not break out to higher prices by May 1, but with many new candles today we can see what the first part of May is going to look like.
Today ADA/USD will be largely sideways again in a narrow range around the 1.34 fib.
Current 3H and 6H charts are down but mostly sideways in the range of 1.31 to 1.36, centering around the 1.34 fib/1.35 level.
Indicators in the 12H are mostly sideways with very little momentum in either direction and low volume. Again, prices should be around the 1.34 level
Finally, in the daily is very similar to yesterday. Prices should range between 1.28 adn 1.39, but mainly around the 1.34 level.
Good luck and good fortune!
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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.
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.