- ADAUSD builds a huge on the the last days between the 0.07 and 0.09 level.
- Not only has ADAUSD formed a flag in the but also in the 4-hour chart between the 0.082 and 0.09 level
ADA/USD Price Analysis: 4 HR CHART
- Open: 0.08611
- Volume: 19.38 M
- Days range: 0.08279 — 0.08878
This is actually a good
to the upside, this will cause some more movement.
It is likely that we confirm the smaller flag first and after this has done to move to test the upper line of the bigger
test therefore we can expect some within the bigger flag before breaking out finally.
ADAUSD has definitely some more upside potential when there doesn’t come any more
invalidate the and show downside moves.
Theis in a moderate level and can break to the upside for reaching the overbought areas in the indicator.
- Trend: Sideways
- Expectation: Breakout
- Trend after expectation: Upside
- Formation: Two possible bull flags
What do you think, will ADA breakout?