ADA... is forming a bullish wedge?
Updated
Hi everyone
quick review on ADA to see a possible move:
in general Market sentiment right now is sideway range. however ADA price
is forming a bullish wedge on 4H and lower timeframes. so there is a chance
that price can move upward. to see upward pressure price needs to break above
the key line of the wedge. so our key level would be the resistant line of wedge
if not and all market begin to drop , then price may close below 0.53$ support
level. at this case price can drop to 0.45$ one more time.
support and resistant levels are on the chart.
Enjoy the market
quick review on ADA to see a possible move:
in general Market sentiment right now is sideway range. however ADA price
is forming a bullish wedge on 4H and lower timeframes. so there is a chance
that price can move upward. to see upward pressure price needs to break above
the key line of the wedge. so our key level would be the resistant line of wedge
if not and all market begin to drop , then price may close below 0.53$ support
level. at this case price can drop to 0.45$ one more time.
support and resistant levels are on the chart.
Enjoy the market
Trade active
our key area to push the price up or downis important to watch. below ICHI cloud and the line is more bearish.
but as long as price keep moving above the cloud is more bullish.
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