Cardano Technical Forecast, Charts: Fakeout Move Higher? - Ada Price Prediction [Video]
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Key Points:
Volume is not telling me to be overly bullish about this retracement, so price action will need to do a lot to convince me that we will be moving higher.
The daily oscillators do point to some short term buying pressure, but the weekly still shows a bias lower.
I am still looking at buying opportunities in the 0.84 to 0.94 value areas.
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