Long

ADA Futures ( ADAUSD3 ), H4 Potential for Bullish Continuation

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Title: ADA Futures ( ADAUSD3 ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 0.37102
Pivot: 0.32890
Support: 0.30661

Preferred case: Looking at the H4 chart, my overall bias for ADAUSD3 is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue moving towards the resistance at 0.37102, where the previous swing high is.

Alternative scenario: Price may head back down to retest the pivot at 0.32890, where the 61.8% Fibonacci line is.

Fundamentals: There are no major news.

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