Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ADA/USDT update. ADA looks very bearish here.
Here I show you a 2-days chart. According to this chart, ADA breaks below a descending triangle which is a bearish pattern. After the breakdown, a retest is also done.
It also breaks below the 21 ma. The next support for ADA is at around $0.38 and I'm expecting a drop to the $0.38 level.
If you want to open a short position then I would recommend you to wait for some green candles and then start taking entry with the SL of above $1
Is ADA rally over? What do you think about it?
Tell me in the comment box and share your ideas.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!