Hello Crypto Lovers,
Mars Signals team wishes you high profits.
ADA/USDT, Daily time frame
At the moment a few signs of weekness are to be detected under the first resistance line. Moreover we can see a Bat Pattern which can be interpreted as an additional sign for an upcoming correction. Another observation we made is the short distance between the two support lines below which is very convenient as it increases the likelihood of an acceleration to the upside after a possible decline to this area. However, if this fails to happen a decline to the third support line can be considered even though it is less likely as long as the price remains above the second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Mars Signals team wishes you high profits.
ADA/USDT, Daily time frame
At the moment a few signs of weekness are to be detected under the first resistance line. Moreover we can see a Bat Pattern which can be interpreted as an additional sign for an upcoming correction. Another observation we made is the short distance between the two support lines below which is very convenient as it increases the likelihood of an acceleration to the upside after a possible decline to this area. However, if this fails to happen a decline to the third support line can be considered even though it is less likely as long as the price remains above the second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
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.
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.