DU09

ADA/USD - Aiming for $0.40!

Long
BINANCE:ADAUSDT   Cardano / TetherUS
ADA broke out of this pennant and now it has re-tested it as support. This paves the way clear for new highs.

The first major resistance is at just under $0. 40 which I expect us to re-test soon looking at the price action. Indicators are curving up nicely and we also got a lovely 4h green candle here.

Volume is a bit low on this move, so we need to keep an eye on that. But the pump yesterday gave a good signal ADA wants to go higher.

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Comments

Thank you very much for your analysis
+1 Reply
You are on the mark, I support you.
Reply
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