ADA 740 points! K-line reveals the truth of the market: bears dominate, prices hover below multiple moving averages!
From the K-line chart, the price has been suppressed by multiple moving averages all the way, and the short-term moving average and the medium- and long-term moving average form a perfect bear arrangement, which undoubtedly sends a warning signal to the market: it is still in a downward trend, the rebound is weak, and the bears dominate.
Insight into the market rhythm is the beginning of controlling wealth! Follow Lao Tan, plan ahead, and let the next peak belong to your account! Follow Lao Tan and never let the opportunity slip away!