ADA - resumption off or a failed recoveryI’m watching closely here for Ada to keep this momentum on the 4 hour chart it just made a triple confirmation using market lib, potato, and wolfpack
Now it’s coming back in to start this 4 hour candle, watching for Ada to play with the sell signal at 1.11-1.12 if it holds u can buy and cut losses after a completed sell signal on the four hour or start building a small short position until a triple confirmation tells us to go balls deep into a leverage short
This weekend we either have a full recovery and start the next trip to new highs or we finally get down to the .70 level and test support off the 20 week MA
I would love to see a clear signal but we are in No Mans Land so let’s wait for the triple confirmation to tell us what we do. Right now I’m leaning to the short side but I would love to see a rebound!
