I-ADA / i-USD iphantsi koxinzelelo lweebhere, iNqanaba le-$ 0.13

UAzeez Mustapha

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Uhlalutyo lwamaxabiso e-ADA-Disemba 23

Should the bears increase their momentum and push the price below the support level of $0.13, then, $0.11and $0.10 may be tested. In case the price is rejected at the $0.13 level, the price may reverse. The resistance level can be found at $0.16, $0.17, and $0.19 levels.

Intengiso yeADA / USD
 Amanqanaba aphambili:

 Amanqanaba okumelana: $ 0.16, $ 0.17, $ 0.19

Amanqanaba enkxaso: $ 0.13, $ 0.11, $ 0.10

I-ADA / i-USD yexesha elide iTrendar: Bearish

ADA is bearish in the long-term outlook. The resistance level of $0.16 is rejecting the price; the bulls picked up the price from the support level at $0.13 on December 12 with the formation of a bullish engulfing candle. The price increase and hits the resistance level at $0.16. There a lot of fake breakout at the level. The pressure of the bears surpasses the pressure of the bulls and the price started declining.  

Itshathi yemihla ngemihla ye-ADAUSD, nge-23 kaDisemba

The price is breaking down the 9 periods EMA and the 21 periods EMA while the former is trying to break down the later. At the moment, the price is trading below the two EMAs which indicates a bearish movement in the ADA market. Should the bears increase their momentum and push the price below the support level of $0.13, then, $0.11and $0.10 may be tested. In case the price is rejected at the $0.13 level, the price may reverse. The resistance level can be found at $0.16, $0.17, and $0.19 levels.

 I-ADA / i-USD yeXesha eliPhakathi leNdlela: Ukuthwala

 I-ADA/USD ibhebhile kwitshathi yeeyure ezi-4. Uxinzelelo lwe-bullish alukwazanga ukumelana nokuchasana kwi-0.16 yeedola. Kwakukho ixesha elifutshane lokudibanisa kodwa iibhere ekugqibeleni zaphumelela. Ixabiso ngoku lihla ukuya kwinqanaba lenkxaso ye-0.13 yeedola. Kukho ithuba eliphezulu lokuba ixabiso liya kuncipha kwinqanaba lenkxaso kwi-0.13 yeedola. 

ADAUSD 4 hours chart, December 23

 Cardano is trading below the 9 periods EMA and 21 periods EMA which indicates strong bearish momentum and that the bears are dominating the market. The Relative Strength Index period 14 with its signal line pointing down below 40 levels connotes a sell signal. 

 

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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