ADA... is forming a bullish wedge?

Hi everyone

quick review on ADA to see a possible move:

in general Market sentiment right now is sideway range. however ADA price

is forming a bullish wedge on 4H and lower timeframes. so there is a chance

that price can move upward. to see upward pressure price needs to break above

the key line of the wedge. so our key level would be the resistant line of wedge

if not and all market begin to drop , then price may close below 0.53$ support

level. at this case price can drop to 0.45$ one more time.

support and resistant levels are on the chart.



Enjoy the market

Zlecenie aktywne:

our key area to push the price up or down
is important to watch. below ICHI cloud and the line is more bearish.
but as long as price keep moving above the cloud is more bullish.