ADA MFI oversold levels, fib levels and fractal
Today MFI daily has reached the same oversold level as the bottom of July-September capitulation period.
Fractal of July-September fall looks interestingly similar to the fall of September.
Both drops reached the golden pocket fib levels of around 0.6 which is not surprising.
Will ADA repeat the same story?
Are there enough fundamental news coming up in the near future to compensate for the bearish price action of today after e-toro delisting it?
I'm personally bullish on Cardano at these prices, but is not clear how long we will remain bearish in the short term.
Are you accumulating or dropping the bag now?
Fractal of July-September fall looks interestingly similar to the fall of September.
Both drops reached the golden pocket fib levels of around 0.6 which is not surprising.
Will ADA repeat the same story?
Are there enough fundamental news coming up in the near future to compensate for the bearish price action of today after e-toro delisting it?
I'm personally bullish on Cardano at these prices, but is not clear how long we will remain bearish in the short term.
Are you accumulating or dropping the bag now?
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