ADA/USD - Don't get too excited, major resistance ahead!
ADA is quickly approaching a major resistance just under $1.5. Please do not FOMO here...
Do not buy under resistance, buy above it once it turns into support!
However there are some bullish indicators:
MACD - Bullish cross
RSI - Bullish
Volume - increasing, bullish
Moreover, we're quickly approaching the end of this blue triangle inside this major flat trend / rectangle. Thus, I expect some exciting price action soon.
Bias is bullish, but we need to pass the resistance at $1.5 and close above it to confirm it. So best to wait for now a breakout or consider buying support.
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Do not buy under resistance, buy above it once it turns into support!
However there are some bullish indicators:
MACD - Bullish cross
RSI - Bullish
Volume - increasing, bullish
Moreover, we're quickly approaching the end of this blue triangle inside this major flat trend / rectangle. Thus, I expect some exciting price action soon.
Bias is bullish, but we need to pass the resistance at $1.5 and close above it to confirm it. So best to wait for now a breakout or consider buying support.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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