ADA/USDT
The resistance drawn as the trendline is causing the bulls some problems for over a month now and ADA is one of the few top coins that did not get that »pump« lately.
There is an inverse head and shoulders formed and after retesting the $0.108 zone which serves as the support now I am positive that the price will break the resistance reaching the first target on the upside at $0.125. After that, we can see some consolidation, retest of the trendline and a strong push to the second target at $0.134.
Falling below the $0.108 would mean that the bears have the upper hand. Wait for the next candle to be formed.
Trade with your own risk.
#TradesBySheriff
The resistance drawn as the trendline is causing the bulls some problems for over a month now and ADA is one of the few top coins that did not get that »pump« lately.
There is an inverse head and shoulders formed and after retesting the $0.108 zone which serves as the support now I am positive that the price will break the resistance reaching the first target on the upside at $0.125. After that, we can see some consolidation, retest of the trendline and a strong push to the second target at $0.134.
Falling below the $0.108 would mean that the bears have the upper hand. Wait for the next candle to be formed.
Trade with your own risk.
#TradesBySheriff
Trade active
As expected the retouch for the support confirmation was made. Now let's see some upside!
When everyone sold, the cat bounced. NFA!
Disclaimer
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.
When everyone sold, the cat bounced. NFA!
Disclaimer
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.