ADA/USD Technical Analysis - Mid-term Prediction - 20 April 2018

in #ada7 years ago

Belows is a TA I made10 days ago - ADA/USD Technical Analysis - Will consolidation continue? 10 April 2018

Here we are now:

Wave 1 target is $0.348 zone then a big correction is probable.

RSI is still in the bullish zone but showing lower high and the price is still hitting higher highs, thus, supports the probable big correction after the bullish wave 1 in the few weeks or month.

Cup and handle pattern is still in play, therefore, long-term sentiment remains very bullish.

Disclaimer


This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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