ADA - 6h. only after fixing above $1.2 we expect $1.5
Updated
Sellers in the ADA market managed to organize a fairly deep correction. After the triumphant break of the black trend line on March 16, the price retraced by 78.6%. A rather deep correction broke through the liquid range of $1.17-1.2, however, it did not take away the buyers' high chances for the continuation of the upward trend. Our previous idea worked well and on March 18, buyers were able to test the previous all-time high, but they could not gain a foothold above it.
It is for this reason that we saw such a dramatic crash in the ADA market.
At the moment, the ADAUSDT price is in an incomprehensible position. In order to buy ADA with confidence, you need to wait for either the price to fall to $1, or the breakout and consolidation above $1.2. We have assumed one scenario on the chart, but we will control two variants of the development of events.
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It is for this reason that we saw such a dramatic crash in the ADA market.
At the moment, the ADAUSDT price is in an incomprehensible position. In order to buy ADA with confidence, you need to wait for either the price to fall to $1, or the breakout and consolidation above $1.2. We have assumed one scenario on the chart, but we will control two variants of the development of events.
If you want to receive notifications on this idea - like it or write a comment under the idea. In this case, after updating the idea, you will receive a message.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Trade closed: target reached
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