ADA.USDT (Y20.P4.E1).Looking for the next long

Hi All,

Keeping this short with the following justifications:

a) On the Day Chart:LUCID SAR indicator along with the Phoeix indicator with downward pressure;

b) The current fib level of 0.5 has confluence with the 200 daily EMA. Looks like a bear flag at this level as well;

c) Stochastic still on the bottom along with the RSI ranging the bottom;

Still looking for the bottom is in;

Regards,
S.SAri

2 DAILY Chart:

8 HRLY Chart:

We have 2 levels as strong support or this band if you want to call it.

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still downward pressure along with BTC

עסקה סגורה: היעד הושג:

Final chart update as there is now another post superseding this.
Bought in.

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