Quick preview of my past TA - ADA/USD Technical Analysis - 13 April 2018
Here's what happened.
As expected, the price went down to $0.196 zone and is now currently at $0.252. In my past TA, I said that $0.25 zone will complete the wave E, thus a minor correction may follow. However, if price breached the $0.26 zone resistance, there is a possibility for wave E to continue to 2.618 Fib. extension of wave AB ($0.30 zone).
15-min MACD indicator signals bearish divergence, thus, supports the expected correction. Probable corrective wave path is outlined below.
Disclaimer
This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.
Want to earn more?
Earn through SMARTSTEEM - guide
Earn followers and upvotes through STEEMFOLLOWER
Earn through mobile mining - Electroneum
Earn through games:
Cryptomininggame - browser game
Aethia - Ethereum game
Bitcoin mining game
Magic bitcoin farm
Dino park game
Cash zoo bot
Guide for newbies:
Trading Strategy 101 – Understanding Cryptocurrency Volume
Trading Strategy 101 – Understanding Order Books, Buy Walls, Sell Walls, and Fake Walls
Trading Strategy 101 – Using 3 Moving Averages
Trading Strategy 101 – Support and Resistance Zones Strategy Guide
Trading Strategy 101 – Easiest Bitcoin Trading Strategy
Crypto Guide for Dummies - Avoiding Beginner's Mistake
If you liked this post or it helped you in any way, please upvote, follow, and resteem so that more people can learn about this information! Thank you!
Coins mentioned in post: