P_S_trade

ADA-4h. Buyers can lose everything.

BINANCE:ADAUSDT   Cardano / TetherUS
Buyers found themselves in a rather unpleasant situation in the ADA market.
In three attempts, the price failed to break the global level of $0.171. As a result, sellers managed to lower the price below the trend line.
Since November, buyers have reliably protected it. Today there is no active struggle. The consolidation, which lasted in the ADA market for a month, has a chance to end sadly with the $0.11 test.

In order for buyers to feel more confident, it is important for them to regain control of the local mark of $0.1492. in this case, we can consider the formation of a new wave of growth with a target of 0.171. So far, the situation does not look in favor of buyers...
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