CapnStbn

CapnStbn Updated 

ADA seems to be following 100D MA and bouncing off it while trading continually under the 50 and 20 with strong resistance marked by the rectangle in purple with two long wicks, will be watching for during the week to see if it can again bounce off the .5 and support area at 2.059ish if this area holds we may see it retest the strong resistance area of that purple...

CapnStbn Updated 

Looking at a long position with Sol here seems to be forming a cup and handle pattern with solid support around the $150ish mark entering with stop set at $149 leaving an open profit target until market shows bearish signs then close.