ADA shows on the 1H time frame a bullish flag with target $0,95 on the 4H time frame a bullish penant with target $0,90. ADA dominance graph is ready to increase as well. Multiple indicators are turning bullish again. So it seems that ADA is ready for a next move up.
Trade active
Target is still valid. Price holds support level. And go further up completing the $0,90 - 0,95 target on the 1H timeframe and 4H timeframeTrade closed: target reached
ADA made a nice movement up. It seems to be temporarily exchausted and can fall back to the green support level before it can complete the bullish penant target.Note
Made a save update mistake. Target is not reached. This only a note.
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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.