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ADA: Before go to the moonADA can go down to $1.5 before rally. BINANCE:ADAUSDT exit the ascending parallel channel. Now, the lower trend line is the resistance and the previous ATH is the support. ------ The correction wave has been happening, I think it will be done at around $1.5. ----- Let's buy when it break out $2.35 to take the impulse wave. If you buy right now, you will do a stop loss order, perhaps. Otherwise, you can buy DCA from it go down. The more compress, the more explosive
Short
by mileinvest
8
ADA - Daily Chart ✅ADA got rejected by resistance. It pumped so sharp that it crossed the higher Bollinger Band. That's why it happened. Now we might go down to get support from Bollinger again, but if it couldn't hold us, two support areas are holding the price up, so don't worry. If we manage to break this resistance on the subsequent retest, there is another resistance zone on the way up, which will indeed challenge us. Don't open long positions; for now, the market is showing Sell Volumes. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $1.973 Let me know your ideas. Good luck.
by ShawnMCR
8