#ADA is moving inside a descending channel on the 2-day chart and was recently rejected from the channel resistance and the 2-day MA100.
Buying near the support level at $0.7122 could offer a solid opportunity.
In case of a breakout above the channel and the 2-day MA100, the targets are:
🎯 $0.8853
🎯 $1.0025
🎯 $1.1196
🎯 $1.2864
🎯 $1.4989
⚠️ Use a tight stop-loss.
Buying near the support level at $0.7122 could offer a solid opportunity.
In case of a breakout above the channel and the 2-day MA100, the targets are:
🎯 $0.8853
🎯 $1.0025
🎯 $1.1196
🎯 $1.2864
🎯 $1.4989
⚠️ Use a tight stop-loss.
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.
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.