Helical_Trades

ADA/USDT : Being controlled by MA 100 and MA 2

BINANCE:ADAUSDT   Cardano / TetherUS
ADAUSDT
Hello everyone 😃

There are 2 located moving averages which are holding ADA.
Both of them can change the direction so next candles are very critical !
For now, MACD and Volatility is bearish on most of time frames;
But cause of stability in last candles, we can't make any decision based on indicators.
The only ones that showing correctly for now are moving averages and RSI indicators..

📌 Market is bullish so majority is bullish for ADA, Also on higher timeframes;
Moving averages are reaching current level from below ( which can be a good support for movement ) !

🔴 We might see a rejection till support zone cause MA 100 but it will be very good for ADA.
If it happens, most of indicators will reset their calculations and then we can see more positive signs for ADA !!

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

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