1.5-1.6 range is a crucial resistance zone in a weekly timeframe. In overall 2.3 is a max take profit zone I am comfortable with. If you wondering why I am considering long position on BINANCE:ADAUSDT check my latest idea on $BINANCE:ADAUSDT.
As I mentioned earlier BINANCE:ADAUSDT showed a great impulse and is waiting for an opportunity to enter a long-term Long position either Spot or Futures. I think the time has come and the signs are obvious.
1. Break of Structure ( made higher high ) in a daily timeframe
2. MACD divergence.
3. Volume is decent and looking good.
4. In early March made a...