#ADA/USDT ANALYSIS
It is moving in a descending channel, currently holding above the point of control and the marked horizontal support. Hidden bearish divergence is also there. We've to wait for a sustain breakout to confirm it's next move.
It is moving in a descending channel, currently holding above the point of control and the marked horizontal support. Hidden bearish divergence is also there. We've to wait for a sustain breakout to confirm it's next move.
Forwarded from VIP Futures - Rich Traders
🔔 #ADA/USDT 🔔 📉 SHORT
🟢 Buy zone 0.3390 - 0.3420
🎯 Target: 0.3358 - 0.3326 - 0.3290 - 0.3254 - 0.3216 - 0.3170
🚫 StopLoss: 0.3600
⚡️ Leverage: 20x
🟢 Buy zone 0.3390 - 0.3420
🎯 Target: 0.3358 - 0.3326 - 0.3290 - 0.3254 - 0.3216 - 0.3170
🚫 StopLoss: 0.3600
⚡️ Leverage: 20x
#ADA/USDT ANALYSIS
ADA is holding above the horizontal support, where MA 200 is also acting as a support. Volume is very less and a bullish candle close with some volume would be a sign of a bounce from the ongoing support.
In case of a sustained breakdown of the horizontal support, a downward move is expected toward the support level of $0.3050.
ADA is holding above the horizontal support, where MA 200 is also acting as a support. Volume is very less and a bullish candle close with some volume would be a sign of a bounce from the ongoing support.
In case of a sustained breakdown of the horizontal support, a downward move is expected toward the support level of $0.3050.