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ADA/USDT Secondary trend. Local work. China.

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One of the most hit coins, which is now at values of more than +2700% of the average price of the main dial zone. On the chart I showed the secondary trend of this cryptocurrency and work in it in case the downtrend breaks.

Currently, the price is at the mirror support level of the big cup. When working on this cryptocurrency, one should understand at what price values this cryptocurrency is even after a pump correction since September.

It is also worth noting that the main growth driver of this cryptocurrency could be China.

The main trend of this cryptocurrency:
ADA / USD Main trend (part). Chalice (Phase 4) Psychology
ADA / USD Main trend (part). Chalice (Phase 4) Psychology
Note
snapshot +19.22% from the breakout of the downtrend of the secondary trend. The price approaches the local resistance zone of the level 1.55. Breakout of this zone - the final reversal of the trend. Not breakout - the potential transition to the sideways 35% squeeze zones of levels 1.15 - 1.55
Note
snapshot pullback after breaking the secondary downtrend. Local Ross's hook. Potential reversal zone.
Note
snapshot No confirmation of the Hook Ross pattern and a decline to the 1.15 - 1.017 level zone (the squeeze stop zone of the past local accumulation (February-August). Remember that this zone is about +2700% from the initial accumulation.
SpartaBTC
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Also on:
ADAadausdADAUSDTaltcoinschinacryptoCryptocurrencycryptotradingPivot PointsTrend AnalysisTrend Lines

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ADAadausdADAUSDTaltcoinschinacryptoCryptocurrencycryptotradingPivot PointsTrend AnalysisTrend Lines
SpartaBTC
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Also on:

Related publications

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.