ADA/BTC - Dangerous Stability in the Short term, watch out!

Updated

Actually, noticed most important points on the graph. So, watch out carefully and let's see what will happen. I'm waiting ADA to get out of this Stable range. Hope it'll be able to get enough positive volume to go up above First strong Resistance, so we can buy for very huge profits in the mid-term.

P.S. News shows that ADA will certainly overcome this dangerous situation.

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Currently 0.00004986 point is not resistance anymore, but weakest support. Congrats!:)

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Still in the stable area. Reason is low volume. Nobody wants to trade in this situation.

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Do not trade yet. Total market is in bad condition today, and ADA volume is still low. Do not buy, do not sell, just watch.

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Bad night for ADA. 0.00004986 is again resistance(so weak) now. And it broke strongest support too in 0.00004761. It even broke very last support available: 0.00004453. However, fortunately, it recovered back and now is in very dangerous situation. Just need few quick buy orders to change the line upward.

Again, do not trade. Do not sell. If you want to support ADA now and in the long term, you can buy some.

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The situation is better now. ADA is traded at the higher part of its Stable area. The market is in trouble these days because of the events happening in South Korea. So, wait until all recover.

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Finally! We hit over First Strong Resistance. My recommendation is watch carefully, if it starts going upward, like from 0.000060, buy there and hold for some weeks.

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That's it! Hope you bought at First strong Resistance level and now enjoy the profit:)

franzfransua

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