milad_ghaheripour

ADA/USDT(4hr); Supports and resistances

Long
BINANCE:ADAUSDT   Cardano / TetherUS
The (4hr) time frame shows us that the candelabra have reacted to the impact with the canal floor and are expected to be bullish. Also, the important Fibonacci points and the large volumes traded in those areas give us resistance after the collision. Shows the price of the channel below the price, if the price breaks from the bottom of the channel and stabilizes at low prices,I expect the support points to be tested at 98, 68, 38 cents.
And the rsi indicator reacted to area 50, we have to wait for the strength of supply and demand to be determined.

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