ADA remains in a retracement but is receiving bullish support to keep it at the top of this channel.
Approaching a soft bullish support line over next 48 hrs so it will be interesting to see if it has the desired effect.
Still looking for that elusive break after a little fake out yesterday.
A further retrace of about 4.5% may bring buyers to the table as it tests previous support.
Slightly adjusted levels in this chart from previous. (Extended continuation pattern)
As always, not financial advice, just my thoughts and TA.
Bingaz.
Approaching a soft bullish support line over next 48 hrs so it will be interesting to see if it has the desired effect.
Still looking for that elusive break after a little fake out yesterday.
A further retrace of about 4.5% may bring buyers to the table as it tests previous support.
Slightly adjusted levels in this chart from previous. (Extended continuation pattern)
As always, not financial advice, just my thoughts and TA.
Bingaz.
