ADAUSDT Long

ADA witnessed aggressive profit taking after touching the $3 mark which also happens to be a psychological level. After a corrective phase which happens to resemble a converging triangle it now looks ready for the next impulse upwards. An hourly closing above 2.35 would invite bulls to take charge again to take price up to 2.80 and 3.00 initially.
On the downside, strong demand zone rest between 2.00-1.90.