Quick preview of my past TA - ADA/USD Technical Analysis - Mid-term Prediction - 20 April 2018

Here's what happened

Wave 1 is still in-play. We are now approaching the $0.348-0.35 zone, so, ready your stop-loss in case the expected correction happens. However, there is still a possibility for the bullish run to continue.

Looking at the chart below, 2-hr RSI signals higher highs, MACD breaks the bearish convergence, and there is massive influx of volume; thus, signals bullish scenario.

Short-term sentiment: uncertain
Mid to long-term sentiment: very bullish

Disclaimer

This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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