ADAUSD dropped sharply for 10 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in ADAUSD there is a chance that we will witness a correction, no matter how brief.
Related Posts
A Triangle has formed, DASHUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
The movement of DASHUSD towards the support line of a Triangle is yet another test of the line…
ADAUSD likely to test 0.9739 in the near future. Where to next?
ADAUSD is moving towards a key support level at 0.9739. This is a previously tested level for ADAUSD.…
BTCUSD formed a Channel Up on the 30 Minutes chart. Retest of support in sight.
A Channel Up pattern was identified on BTCUSD at 105928.94, creating an expectation that it may move to…