USTC POSSIBLE BOUNCE BACK OR BREAKOUT AHEAD ON THE KEY LEVEL
Check out the trade plan for ADA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
USTC has completed the 5 wave impulses and now it's on a retracement. We have seen a sell-off formed by a double tops structure on the resistance. Here we have a bearish breakout on the trend line which support more potential downside. I am keeping an eye on key level 1 to identify if the price will do a bounce or a breakout following the future price action.
USTC has completed the 5 wave impulses and now it's on a retracement. We have seen a sell-off formed by a double tops structure on the resistance. Here we have a bearish breakout on the trend line which support more potential downside. I am keeping an eye on key level 1 to identify if the price will do a bounce or a breakout following the future price action.
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