Cardano / TetherUSShort
🔥 ADA Fell Through Key Support: More Bearish Pressure Coming
A while ago I made an analysis on ADA. In this analysis I stated that ADA was trading on and around a very important area of support. This area has been holding strong for almost a year.
As of yesterday, ADA fell through the support area. The fact that this support didn't hold indicates to me that there's more selling to come. If BTC remains weak as of late, I think we will move towards the nearest support around 0.70, potentially lower.
Happy trading!
As of yesterday, ADA fell through the support area. The fact that this support didn't hold indicates to me that there's more selling to come. If BTC remains weak as of late, I think we will move towards the nearest support around 0.70, potentially lower.
Happy trading!
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