Cardano / TetherUS
Long
Updated

ADA if closes above 1.28 on the next 4hr chart - Going UP

280
IF Ada closes above 1.28 in the next 4hr candles -- We see a possible uptrend towards 1.6.. Possible resistance to be seen at 1.29, 1.45 and 1.60.. But overall there will be an uptrend in the next 5 days provided BTC doesn't mess up.

If want to enter now -- 1.24/1.25 would be a good entry and TP at 1.40,1.50, 1.60 with SL at 1.18..

Again - do your own analysis. Regards,
Note
ADA has been rejected and fallen back to 1.19 support zone. If it breaks 1.18 we could likely see it going down towards 1.11. But it is highly unlikely. There was an anticipated dip on 2nd March and most likely this is so. The journey from here will be upwards only

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