Retrace meets Support this Week- Worth Watching.
Worth watching for a move later in the week.
TA suggesting possible move higher as a few support lines converge to try help ADA out of it's decent.
Looking for a break from downtrend on the back of that support.
Unlikely to shoot back to ATH after initial break but money to be made in the middle if you play your support/resistance channels well.
Preferred entry closer to 1.50USD but may miss out if caught waiting too long.
As always, Not financial advice,
Just my own TA and thoughts
Bingaz.
TA suggesting possible move higher as a few support lines converge to try help ADA out of it's decent.
Looking for a break from downtrend on the back of that support.
Unlikely to shoot back to ATH after initial break but money to be made in the middle if you play your support/resistance channels well.
Preferred entry closer to 1.50USD but may miss out if caught waiting too long.
As always, Not financial advice,
Just my own TA and thoughts
Bingaz.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.