I think best option is to wait and patience .... because this is third time in 3 months when market take so much long dip .... we have to invest when market is so much down🤔🤔
Dev Adhikari
--
Бичи
$ADA & Trend
After a sharp decline in crypto world 🌎 in last 48 hours , crypto market is now in a little bit good position .
What to do in this volatile situations ?
Crypto market is now stranger to volatility . And January of every year is one of the most volatile months in calendar .
To keep yourself with a good shield against volatility , a good technique is to diversify your portfolio and invest at least 50% in the stable coins 🪙 like Bitcoin Cardano Ethereum Ripple etc .
Trend analysis of $ADA
Trend : Bullish momentum expected .
RSI indicator : RSI indicator at 41, THAT makes more potential to bounce back strongly from the current levels .
Candle stick pattern : After a sharp correction in last 48 hours , the doji stick is being presented , that can literally end the decline in the price and make the next move on the lines .
Support : 🌠 Current support level at $0.882. But it will not go so much deep again .
Resistance : Current resistance at $0.9797. If this level is broken clearly , Then we can keep an eye 👀 on $1.15 for next few days .
Special pattern : The coin 🪙 is making higher high and higher lows . And now it's the turn for higher high . So get ready .