ADA Support and Reistance Analysis
From the 4h chart we can clearly see that ADA reached the resistance zone and then droped down.
ADA has brokeout a 4h decending trend line but failed to pump higher.
But ADA still running on a 4h ascending trend line , this is a important support !
If ADA breakdown this ascending trend line and being rejected in the retest then ADA will dump and consolidate again.
ADA has brokeout a 4h decending trend line but failed to pump higher.
But ADA still running on a 4h ascending trend line , this is a important support !
If ADA breakdown this ascending trend line and being rejected in the retest then ADA will dump and consolidate again.
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.
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.