ADA moving up
ADA/USDT
The price of
ADA is moving in the parallel channel, creating a higher low for the second time now. We are clearly in the uptrend and the sentiment looks good.
My main target is the middle line, which would create a higher high and continue on the path of the last two weeks. Breaking the middle line we should test the top of the channel (target 2) at around $0.134. We can expect some retracement after hitting those targets.
Keep an eye on the MA100 and the previous support line at 0.118 which can now serve as resistance.
invest with your own risk
#TradesBySheriff
The price of
ADA is moving in the parallel channel, creating a higher low for the second time now. We are clearly in the uptrend and the sentiment looks good. My main target is the middle line, which would create a higher high and continue on the path of the last two weeks. Breaking the middle line we should test the top of the channel (target 2) at around $0.134. We can expect some retracement after hitting those targets.
Keep an eye on the MA100 and the previous support line at 0.118 which can now serve as resistance.
invest with your own risk
#TradesBySheriff
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