Cardano (ADA) has enjoyed a multi day rally however is now losing momentum. Price has been in a bearish market for the last 6 months, and we anticipate this long term trend to continue. Technically price has pulled back into a key structure zone, which is now acting as resistance. Price has also formed aContinue reading “ADA/USD Downside? 17 Jan 2022”
Tag Archives: solana
SOL/USD Downside? 9 Nov 2021
Solana against the USD has enjoyed a great bull rally, however technical analysis now points to downside. Price has rebounded out of the 61.8% fibonacci extension level, and we anticipate a retracement into the previous highs. The 4H RSI is also indicating bearish divergence, and we are looking for a move to the 220 level.Continue reading “SOL/USD Downside? 9 Nov 2021”
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