Since ADA's recovery from the down trend a bullish pennant has formed with a potential target area of 0.00003500 sats.
To enable us to achieve the target area we have to wait for the break out above the top trend line of the pennant ..... and also hope for BTC not to go down and negatively influence ADA'S performance.
Currently the EMA 200 (blue) also appears to be a resistance to be reckoned with
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.