As we can see in the chart, the downtrend continues for ADA.
I am hoping that it will start moving upwards once it touches the 78% Fib level as marked in chart
Might face some resistance from the upper trendline of the falling parallel channel, then will breakout above and continues the uptrend.
It might face resistance from 50 SMA too at trend line forming confluence of double resistance.
#NFA #DYOR
I am hoping that it will start moving upwards once it touches the 78% Fib level as marked in chart
Might face some resistance from the upper trendline of the falling parallel channel, then will breakout above and continues the uptrend.
It might face resistance from 50 SMA too at trend line forming confluence of double resistance.
#NFA #DYOR