Hi everyone,
ADA seems to give good indications of a bullish continuation.
We did see a break out of the ascending channel however respected the Daily & Weekly support zone .
Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again!
In the short term we might fall back to the smaller support zones (4H chart) and even retest the EMAs, if we fall below all of them we might have that B Wave correction still in play and see even lower prices.
All in all for us good opportunities to buy in more.
Kind regards,
Noel
ADA seems to give good indications of a bullish continuation.
We did see a break out of the ascending channel however respected the Daily & Weekly support zone .
Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again!
In the short term we might fall back to the smaller support zones (4H chart) and even retest the EMAs, if we fall below all of them we might have that B Wave correction still in play and see even lower prices.
All in all for us good opportunities to buy in more.
Kind regards,
Noel
