Hi friends, ADA bounced now we are heading to resistance levels above us.
We have the 100 EMA (in black) and the 50 EMA (in blue) above us, if it happens that ADA breaks these levels we forming a new uptrend and reversal is confirmed.
RSI was in the oversold zone and now bounced from there.
MACD is close to forming a bullish cross-over.
Lets see what happens. If we can break these resistance levels my personal target is 1.80 USD for this uptrend!
Happy trading
We have the 100 EMA (in black) and the 50 EMA (in blue) above us, if it happens that ADA breaks these levels we forming a new uptrend and reversal is confirmed.
RSI was in the oversold zone and now bounced from there.
MACD is close to forming a bullish cross-over.
Lets see what happens. If we can break these resistance levels my personal target is 1.80 USD for this uptrend!
Happy trading
Note
ADA facing resistance, we have to see now if we break..
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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.