$ADA at $0.1733 and price and RSI are telling me two different stories
I saw $ADA make lower lows on price, but RSI is making higher lows. Price is going down, momentum is getting weaker. That is a divergence I am watching. RSI is at 39.89, still below its average near 42.74, so I am not blindly confident yet.
I need to see buyers recover $0.1800 first. Without that, this divergence means nothing to me.
My plan is clear. My entry reference is $0.1734. My stop is $0.1653. My target is $0.1993. That is about 14.94% upside against 4.67% risk, about 3.20 to 1. If we hold $0.1734 and close above $0.1800, then $0.1993 opens up.
If $0.1653 breaks, my idea is wrong.
Tell me, do you think $0.1800 reclaims or $0.1653 breaks?
Comment UP if $0.1800 reclaims, DOWN if $0.1653 breaks.
Tap $ADA to trade this $0.1734 test, trade on this same coin.
#ADA #Cardano #Write2Earn
I saw $ADA make lower lows on price, but RSI is making higher lows. Price is going down, momentum is getting weaker. That is a divergence I am watching. RSI is at 39.89, still below its average near 42.74, so I am not blindly confident yet.
I need to see buyers recover $0.1800 first. Without that, this divergence means nothing to me.
My plan is clear. My entry reference is $0.1734. My stop is $0.1653. My target is $0.1993. That is about 14.94% upside against 4.67% risk, about 3.20 to 1. If we hold $0.1734 and close above $0.1800, then $0.1993 opens up.
If $0.1653 breaks, my idea is wrong.
Tell me, do you think $0.1800 reclaims or $0.1653 breaks?
Comment UP if $0.1800 reclaims, DOWN if $0.1653 breaks.
Tap $ADA to trade this $0.1734 test, trade on this same coin.
#ADA #Cardano #Write2Earn
