#ADA/USDT
#ADA broke out from descending resistance line.
as trend lines and shown in chart price reached a resistance zone which is the same with descending and ascending trend lined that make this area strong.
in next week price will drop tp broken line to confirm it as support.
🐮 holding the support line will increase price to next resistance zone between $1.6 and $1.8.
🐻 breaking the descending line can drop price to support zone around $0.4.
#ADA broke out from descending resistance line.
as trend lines and shown in chart price reached a resistance zone which is the same with descending and ascending trend lined that make this area strong.
in next week price will drop tp broken line to confirm it as support.
🐮 holding the support line will increase price to next resistance zone between $1.6 and $1.8.
🐻 breaking the descending line can drop price to support zone around $0.4.
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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.