I'm currently long ADA and remain bullish but some concerns on recent price action indicating possible double top forming.
Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.
If 1.31 fails we could see further leg down to test neckline level near 1.00...
Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.
If 1.31 fails we could see further leg down to test neckline level near 1.00...
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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.