The afternoon session is quite calm, and ADA is one of the few large coins still moving.
Current price is 0.195600, up 4.94%.
Volume is 470 million USDT, which is 0.9x of the average volume.
Nobody is chasing the higher-priced coins; funds are coming back to catch up on the lagging laggards.
RSI 61.1, relatively strong; there’s still some distance from the 70 overbought level.
61 isn’t extreme. It has previously stayed around here and churned, but without volume, it won’t last long.
MACD is bullish, DIF = 0.0022.
Price is above MA5 and MA20, with the moving averages in a bullish arrangement.
MA5 is 0.1945, MA20 is 0.1926.
0.1994 is the 24-hour high; the first time it gets there, there’s selling pressure.
0.1973 is a middle hurdle.
0.1815 has been tested repeatedly; if it breaks down, stop-loss orders will kick in.
Whether 0.1994 can be broken through is something I’m not sure about.
Chasing now is too close to resistance, not worth it.
My plan is to buy on a pullback to 0.1945.
Stop loss at 0.1920; if it breaks the MA20, I’ll exit.
Reduce exposure at 0.1985, and leave the rest looking at 0.1994.
This is my personal short-term trading plan; I’m not advising you to follow.
Buy on the pullback; if it breaks, exit, and set your stop loss.
#ADA #涨幅榜 #币圈 #加密货币
Current price is 0.195600, up 4.94%.
Volume is 470 million USDT, which is 0.9x of the average volume.
Nobody is chasing the higher-priced coins; funds are coming back to catch up on the lagging laggards.
RSI 61.1, relatively strong; there’s still some distance from the 70 overbought level.
61 isn’t extreme. It has previously stayed around here and churned, but without volume, it won’t last long.
MACD is bullish, DIF = 0.0022.
Price is above MA5 and MA20, with the moving averages in a bullish arrangement.
MA5 is 0.1945, MA20 is 0.1926.
0.1994 is the 24-hour high; the first time it gets there, there’s selling pressure.
0.1973 is a middle hurdle.
0.1815 has been tested repeatedly; if it breaks down, stop-loss orders will kick in.
Whether 0.1994 can be broken through is something I’m not sure about.
Chasing now is too close to resistance, not worth it.
My plan is to buy on a pullback to 0.1945.
Stop loss at 0.1920; if it breaks the MA20, I’ll exit.
Reduce exposure at 0.1985, and leave the rest looking at 0.1994.
This is my personal short-term trading plan; I’m not advising you to follow.
Buy on the pullback; if it breaks, exit, and set your stop loss.
#ADA #涨幅榜 #币圈 #加密货币