I am passing on $ADA today at 0.18950 and the volume tells the whole story
Volume is sitting at just 0.7x average meaning nobody with actual size is funding this move
Price is down 9.8 percent from the seven day high and the hourly RSI is dead at 45
I only change my mind on $ADA if we get an hourly close and hold above 0.19490
Or alternatively if we see a pullback that holds 0.18620 and bounces cleanly
It could keep running without me but a bad entry costs more than a missed move
Chasing $ADA here or waiting for 0.18620
#ADA #RiskManagement
Volume is sitting at just 0.7x average meaning nobody with actual size is funding this move
Price is down 9.8 percent from the seven day high and the hourly RSI is dead at 45
I only change my mind on $ADA if we get an hourly close and hold above 0.19490
Or alternatively if we see a pullback that holds 0.18620 and bounces cleanly
It could keep running without me but a bad entry costs more than a missed move
Chasing $ADA here or waiting for 0.18620
#ADA #RiskManagement