A while ago I wrote an analysis on ADA and the break out through the bearish trend line. After writing my initial analysis, ADA failed to get through the resistance confidently, and was trading below it.
However, since today ADA's bulls have returns and pushed the price through the dynamic resistance. In my view, this opens the way to much more bullish price action in the coming weeks. Next target placed at $1.60
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.