ADA is moving into a descending channel
Updated
Hi everyone
ADA price now still moving into a channel downward and green area on the chart
shows best area to accumulate the coin. I personally think 1.5$ is a very strong support
level to hold the price and push it upward. so between 1.85$ and 1.5$ is fair price to buy.
if a high volume comes now we may see good upward pressure but as long as BTC
not move strongly upward ALTS has no chance for new bull trend.
SO we may see a ranged and boring market for next days yet, let's see
Enjoy the market
ADA price now still moving into a channel downward and green area on the chart
shows best area to accumulate the coin. I personally think 1.5$ is a very strong support
level to hold the price and push it upward. so between 1.85$ and 1.5$ is fair price to buy.
if a high volume comes now we may see good upward pressure but as long as BTC
not move strongly upward ALTS has no chance for new bull trend.
SO we may see a ranged and boring market for next days yet, let's see
Enjoy the market
Trade active
Try to not miss this accumulation area. and don't forget to push like button if you find it useful. it doesn't cost youTrade active
exactly bounced on 1.5$ support level so we can still hope this area holds well the price, though if BTC drops deeply one more time ADA may break this solid level for a very short term and hit the bottom of our descending channel line. so for whales it has a great chance to accumulate more in deep. let's seeTrade active
still moves in accumulation zone, as mentioned price tested channel underline but moved back upward too fast we may see one more time hitting the underline of our channel if BTC drops again but our main accumulation area is the same.
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