ADA showing bullish volume
ADA dropped to the bottom of its falling wedge at the start of September but has seen a bounce up with promising volume since.
If we see a bounce up from the 0.07 levels we can start positioning ourselves for a pattern breakout.
If we see a bounce up from the 0.07 levels we can start positioning ourselves for a pattern breakout.
Note
We've pierced the diagonal resistance after the 0.07 support held steady.BTC should spend some time consolidating after todays return of massive volume, both BTC and ADA look bullish but confirmation should show in the next days.
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Disclaimer
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.