Hello guys,
Here is what i think it is going on ADA. We passed our first test which is now support zone. After we passed that price area, ADA price tested it again and couldn't break down. So, right now we do not have any big resistance area until we find ourselves at 5200-5800 satoshis. Still we have a resistance level which is not important at fib. 0.382. In short term which means 1-2 weeks I think we will test fib 0.5 level and then we find ourselves at fib 0.786 level which is our aim price. So, if you buy ADA at this price today you can get nearly %100 profit for ADA/BTC.
Hope this idea to be useful for your trades. Stay Safe guys. Out!
Here is what i think it is going on ADA. We passed our first test which is now support zone. After we passed that price area, ADA price tested it again and couldn't break down. So, right now we do not have any big resistance area until we find ourselves at 5200-5800 satoshis. Still we have a resistance level which is not important at fib. 0.382. In short term which means 1-2 weeks I think we will test fib 0.5 level and then we find ourselves at fib 0.786 level which is our aim price. So, if you buy ADA at this price today you can get nearly %100 profit for ADA/BTC.
Hope this idea to be useful for your trades. Stay Safe guys. Out!
Trade active:
Support zone holds, so we do not close any positions.