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ADAUSD Sideways for a while? Can you see something different?ADA is a tough chart to read at the moment in the Near Term - seems to indicate sideways movement until we see a potential Fundamental news item have some effect? That really means the risk is to the upside, so for anyone wanting to invest or invest more into ADA, make sure you consider dollar cost average or simply take the plunge... Well that's what I would say if I were giving advice, but as we all know, I don't give advice because I'm only a kiwi kicking cans down the Klondike... If you can see something I've missed, do let me know below!
KRAKEN:ADAUSD
by NoCreditsLeft
10
BTCUSD will likely move soon - which way?Range-bound price action is getting squeezed ever tighter. It looks to me that sometime in the next 1-3 days BTC will move. Which way? Well, the dominant trend is upwards, in a bull market, so it would make sense to move up. However, Market Makers know this, and they may wish to drive prices down first, either briefly on a Liquidation Hunt, or for an extended period to shake out weak hands. One way or the other, be vigilant and watch the lower time frames to get the best idea of direction and strength of moves. This Channel is for sharing what I learn as I learn it - if you're learning as well, join in and share your thoughts in the comments below. Not Financial Advice, for I am merely a noob. Phoenix Ascending and Bad Ass Bollinger Bands by @WyckoffMode - learn about these indicators at www.tradingview.com
BITSTAMP:BTCUSD
by NoCreditsLeft