Why is ADA looking so bearish on the weekly ?
Horn Tops on the weekly are a bearish indicator and indicate a top reversal to the south pole.
This is also known as a double top and could indicate a move to the .73 levels
This is Crypto and anything is possible and the Key here will be to see if ADA breaks below the 1.00 area
which would then indicate a larger move lower.
However If ADA breaks above the Horn tops then this is a bullish sign.
Horn Tops on the weekly are a bearish indicator and indicate a top reversal to the south pole.
This is also known as a double top and could indicate a move to the .73 levels
This is Crypto and anything is possible and the Key here will be to see if ADA breaks below the 1.00 area
which would then indicate a larger move lower.
However If ADA breaks above the Horn tops then this is a bullish sign.