ADA looking very bullish
ADAUSD is looking bullish, breakout from descending channel was powerful, with big gap to the upside. Retest of the trendline showed strong support on 0.12$ area. Currently the price is above 0,13$ which was another resistance zone and as longer we stay above it, ADA has some more upside potential. MACD and RSI are also indicating positive momentum.
LONG; target at 0.2$ and 0.42$ .
LONG; target at 0.2$ and 0.42$ .
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.