ADA/USDT Looks Bullish
- ADA/USDT is looking to break out soon.. took a notice like ascending triangle looming on recent price movement. but if it do rejected from current resistance $ 0.1, there's 3 yellow up trendline to keep in mind for current bullish trend to keep continue.
- Using fibonacci golden ratio. see the chart for projection if it could breakout the resistance or if it fail to do so.
- If ADA/USDT breakout from $ 0.1, high probability ADA/BTC might get influence by this breakout too.
- DMI : +DI is above -DI is a good sign for bullish sign, while currently ADX (momentum strength) is still weak.
- MACD : macd line is still on bullish area and seller histogram is decreasing as it's made a higher low currently
- RSI : same thing with macd.. still hovering around neutral area while it's made a higher low.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
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