See original
LIVE
Unhombreinversor
--
$ADA Please look at the last red candle and the green candle. Look at the shadow that the red candle has down, and look at the green candle up.
These are users who, desperate for not knowing what is happening, have decided to sell their positions, so that others can buy them cheaper than yesterday.
Knowing that, in reality, they should have kept their Cardano, they decided to make a bad decision by selling their assets. If you look at the Relative Strength Index, the red candle marks an RSI of 12, which does not mean that they have sold out of fear. And then it rose to RSI of 32, which, other investors decided to buy cheaper at that price.
The fall will not last long. I would estimate that it will drop to 0.85 cents #Cardano and then bounce back with an RSI below 30, and then rise again and break the resistance of $1.15
Anyway, this is a statistical analysis based on data, not stories, and it does not constitute investment advice.
What do you think? Leave your comment below.
These are users who, desperate for not knowing what is happening, have decided to sell their positions, so that others can buy them cheaper than yesterday.
Knowing that, in reality, they should have kept their Cardano, they decided to make a bad decision by selling their assets. If you look at the Relative Strength Index, the red candle marks an RSI of 12, which does not mean that they have sold out of fear. And then it rose to RSI of 32, which, other investors decided to buy cheaper at that price.
The fall will not last long. I would estimate that it will drop to 0.85 cents #Cardano and then bounce back with an RSI below 30, and then rise again and break the resistance of $1.15
Anyway, this is a statistical analysis based on data, not stories, and it does not constitute investment advice.
What do you think? Leave your comment below.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
199
0
Replies 0