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EMA34TRADER
Feb 10, 2021 11:30 PM

$0.92c major resistance level 

Cardano / US DollarBinance

Description

On the 1 day candle then it looks like ADA has not been able to get a whole 1D candle above and hold above this zone. I am reading this as a resistance zone for the 1 day candle to get through and hold above. Hopefully once we clear this zone they clear to ATH
Comments
HHSPN
Wow, looks like it has to knock on 92c resistance few times. I'm hoping for it touch some lower fib levels one more time before a push up, to have some buying opportunity.
EMA34TRADER
@HHSPN, exactly and then it can help pull down the daily and weekly RSI which I think is proving to be more critical than people may think, as really want ADA to be sustainable vs a pump and dump.
HHSPN
@zabaroptik, it's really struggling with the resistance. Yesterday and today so far looks like a Doji, it can turn either way, hopefully to lower side so the push up will be stronger. Do you have any targets to accumulate if it were to turn downside? TIA.
EMA34TRADER
@HHSPN, I see these as being support levels, $0.642, $0.672, $0.717, $0.835.
HHSPN
@zabaroptik, Thanks.
HHSPN
@HHSPN, breached $1, we might need another day to closes above .92 to confirm uptrend. Hope to catch it at .95-.98 if it retrace one more time or DCA on the way up.
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