MMBTtrader

ADAUSD ready to pump once again or more correction is ahead ?

Long
KRAKEN:ADAUSD   Cardano
AS we can see after correction that happened some how ADA is receiving strength once again and after breaking this local resistance that marked huge rise is expected for sure .

But for conformation of rise we need to break red rectangle and resistance zone that mentioned on chart beacuse that is needed for bullish market .

Else maybe even that green trendline on chart will break and market continue to fall even harder than previous time .

so we will wait for breakout first and then decide about it .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>

My Free telegram channel:
t.me/mmbtchannel

VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.