ADA quick update:
The DI is indicating strong upwards trend with the (Yellow Line) at 35.2 and above its 10 Period which is at 29.3. The (Green Line) is at 22.6 and the (Red Line) is at 6.8. Note that the and are moving away from each other.
If we look at the ( CMF ), the CMF (Green Line) is at 0.02 & has crossed back over the ADL (Dashed White Line) out of the Distribution Zone & into the Accumulation Zone. A very key thing to look out for is increased upwards momentum from the CMF Line in the accumulation zone.
ADA has found resistance at its 0.786 Trend Base Fib Extension Level, ADA needs to close a daily candle above this level and turn it into strong support.
ADA is still looking absolutely fantastic for the longterm. Hopefully the big Ethiopian deals will be announced soon. You’ll also be happy to know that poor old Billy is very chuffed that the long ADA squeeze has come to an end 😆.
I hope this is helpful. Good luck 👍🚀🌍🌔🪐🛸👽