Hello.
ADA is on a weekly critical support area.
Closing weekly below 0.4531 the asset will remain bearish
with the downside continuation, more possible.
In this case, we are looking at the support area of 0.3669
as the area where we will have an important support retest.
Is important to mention that the six months long term downtrend line
from January 2022 act as a strong resistance for the asset.
Thank you for reading my personal opinion.
Leave your comments below and click like if you agree with my idea.
I will really appreciate it and I wish you good luck with your personal choices.
ADA is on a weekly critical support area.
Closing weekly below 0.4531 the asset will remain bearish
with the downside continuation, more possible.
In this case, we are looking at the support area of 0.3669
as the area where we will have an important support retest.
Is important to mention that the six months long term downtrend line
from January 2022 act as a strong resistance for the asset.
Thank you for reading my personal opinion.
Leave your comments below and click like if you agree with my idea.
I will really appreciate it and I wish you good luck with your personal choices.