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ADA performed very well during the last bull run, it lost 91% of its value and is still trading below its Daily MA 200. However, ADA price is setting up nicely here. So let's surf the chart for what to expect in the near term,
Right now, it is trading below the immediate resistance at $0.38 while the key resistance lies on $0.42 - $0.43. Looking at the chart, breakout above the key resistance is the sweet spot (blue path) which shows a V-bottom pattern with a price target at $0.60, the next resistance. Failure to break can lead to correction below (Yellow path) so timing and patience is the key here, for either way,ADA is brewing a good entry for both scenarios and due for a nice run off the lows.
Thanks for reading, surfin ends….
ADA performed very well during the last bull run, it lost 91% of its value and is still trading below its Daily MA 200. However, ADA price is setting up nicely here. So let's surf the chart for what to expect in the near term,Right now, it is trading below the immediate resistance at $0.38 while the key resistance lies on $0.42 - $0.43. Looking at the chart, breakout above the key resistance is the sweet spot (blue path) which shows a V-bottom pattern with a price target at $0.60, the next resistance. Failure to break can lead to correction below (Yellow path) so timing and patience is the key here, for either way,
ADA is brewing a good entry for both scenarios and due for a nice run off the lows.Thanks for reading, surfin ends….
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.