ADA Weekly Chart Analysis
📉 #ADA/USDT
ADA Falling Wedge formation with a fakeout below key support, now acting as a demand zone 🧐
A bullish scenario could play out if we see confirmation—a breakout through the confluence of EMA 50 + EMA 100 + EMA 200 + 0.236 Fib 📈
🎯 Targets:
🔹 0.618 Fib - $1.1630
🔹 0.786 Fib - $1.6277
🔥 A breakout could trigger a strong rally! 🚀
Whalesdesk
ADA Falling Wedge formation with a fakeout below key support, now acting as a demand zone 🧐A bullish scenario could play out if we see confirmation—a breakout through the confluence of EMA 50 + EMA 100 + EMA 200 + 0.236 Fib 📈
🎯 Targets:
🔹 0.618 Fib - $1.1630
🔹 0.786 Fib - $1.6277
🔥 A breakout could trigger a strong rally! 🚀
Whalesdesk
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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.
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.