It looks like ADA is forming a Bull Flag. This is a good sign, and we might see another pump after confirming this breakout.
The market is showing Buy Volumes for ADA coin now. Not strong, but still.
Two support areas are holding the price up, and two resistance pushing down on it.
The lower and the higher Bollinger Band also support and resist here, so watch out for them.
Price can go a little lower till touching the support; that's when we can get more confirmations to open positions.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $2.259
Let me know your ideas.
Good luck.
The market is showing Buy Volumes for ADA coin now. Not strong, but still.
Two support areas are holding the price up, and two resistance pushing down on it.
The lower and the higher Bollinger Band also support and resist here, so watch out for them.
Price can go a little lower till touching the support; that's when we can get more confirmations to open positions.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $2.259
Let me know your ideas.
Good luck.
