ADA is now looking like it will break up.
Confluence on key Fibonacci levels shows recent bullish signals, the price has bounced up from these levels and recent volume dry up tells us that a big move up could happen imminently, this move will likely break the weak upside due to previous touches and ADA will be up and running again.
The stochastic is currently oversold on the daily which further shows price is ready to move. The long accumulation zone may be coming to and end.
Confluence on key Fibonacci levels shows recent bullish signals, the price has bounced up from these levels and recent volume dry up tells us that a big move up could happen imminently, this move will likely break the weak upside due to previous touches and ADA will be up and running again.
The stochastic is currently oversold on the daily which further shows price is ready to move. The long accumulation zone may be coming to and end.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.