ADA/USD Technical Analysis - 18 April 2018

in #ada7 years ago

Quick preview of my past TA - ADA/USD Technical Analysis - Will the bullish trend continue? 17 April 2018

Here's what happened

As I have posted yesterday, a correction followed after the Wave E; however, it looks like the correction it is not as bad as I have expected.

30-min MACD and RSI doesn't have much action, thus, I expect neutral movement short-term.

Volume for the past days is very amazing (even higher than the Dec. 17 bull run) and I'm still expecting the cup and handle pattern.

Long-term sentiment remains very bullish.

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.

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