Technical analysis by I_M_Shoaib about Symbol ADA: Sell recommendation (8/10/2022)

ADAUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off and no longer making HH. The last HH lower than the previous HH, signally a shift in momentum towards bearish trend. For aggressive traders, bearish divergence and bearish engulfing is enough to short @ 0.53.For conservation traders, wait for price action to break the trendline @ 0.50. TPs are based on previous strong support zones.