ADA ANALYSIS: LONG THE MAJOR SUPPORT!
Updated
ADA ANALYSIS:
ADA has a finally come down to a known bottom and major support level from 400-440 sats. Currently sitting on various red hourly wicks, it looks like volume is starting to give out. Hourly RSI is pushing into oversold and im expecting a few bullish. Candles to bring ADA back up towards T1 at 452 sats. This should be followed by a mid term target at T2 of 463 and T3 at 478 sats. This should be a temporary relief rally before another rejection at hourly resistance. Look to exit fully by T3!
Possible Entries: 420-440 sats
ADA has a finally come down to a known bottom and major support level from 400-440 sats. Currently sitting on various red hourly wicks, it looks like volume is starting to give out. Hourly RSI is pushing into oversold and im expecting a few bullish. Candles to bring ADA back up towards T1 at 452 sats. This should be followed by a mid term target at T2 of 463 and T3 at 478 sats. This should be a temporary relief rally before another rejection at hourly resistance. Look to exit fully by T3!
Possible Entries: 420-440 sats
Trade closed: target reached
WIN! ADA/BTC Hit Target 1!
+3.91% Profit! - If you traded this with leverage, the profit could be 3, 5 or 10 times higher!
Trade closed: target reached
WIN! ADA/BTC Hit Target 2!
+6.44% Profit!
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