Yesterday I made an analysis on ADA. I argued that the price was likely to fall further and find support near $2.45.
I didn't expect the sell-off that we had to face in the end. A couple of billion USD was wiped out in a matter of hours due to overleveraged traders capitulating.
As for ADA, it seems that the bullish channel is holding for now. However, it might very well be the case that we're going to test $2 in the near future.
For now, I'm going to keep a close eye on ADA and the market as a whole. I'd like to see a daily close above $2.6 before going bullish again.
Happy trading!
I didn't expect the sell-off that we had to face in the end. A couple of billion USD was wiped out in a matter of hours due to overleveraged traders capitulating.
As for ADA, it seems that the bullish channel is holding for now. However, it might very well be the case that we're going to test $2 in the near future.
For now, I'm going to keep a close eye on ADA and the market as a whole. I'd like to see a daily close above $2.6 before going bullish again.
Happy trading!
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đ„Premium Signals: fierytrading.com
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đŻOfficial Channel: t.me/FieryTradingChannel
đTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
đ„Premium Signals: fierytrading.com
đTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
đ„Premium Signals: fierytrading.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.