Shortada
Short ADA - Head and Shoulders. Not only do we see the Mac D indicator getting ready to have a bearish cross, but we also see that the RSI has yet to come down to touch its bottom on the RSI. ADA seems to be in the perfect representation of a head and shoulders pattern. With BTC looking weak, I don't expect ADA to go flying anytime soon. #SHORT
ADA RUNNING OUT OF STEAM OR STILL CONSOLIDATING?A lot of good and exciting news out of ADA BUT looks like it's running out of steam. The dead cat bounce on the 4hr has got my attention, the weekly bearish divergence puts ADA at least at $0.48 (fib 0.32), how deep will this correction of Wave 3 go? It could retrace to fib 0.50 or even 0.618, or will Wave 3 extend further? I'm bearish on ADA for now.