ADA analysis:
ADA breaks the resistance area and now retesting it. Also, ADA is respecting the uptrend line and we may see a retest of the uptrend line. The support zone for ADA is $1.35-$1.40 and we expect a bounce from here. If ADA breaks below the uptrend line we see more dump in the coming days. There is a heavy resistance area of $1.6-$1.65 and $1.8-$1.86. If you want to open a long position then place your orders near the support zone and use a tight stop loss.
ADA breaks the resistance area and now retesting it. Also, ADA is respecting the uptrend line and we may see a retest of the uptrend line. The support zone for ADA is $1.35-$1.40 and we expect a bounce from here. If ADA breaks below the uptrend line we see more dump in the coming days. There is a heavy resistance area of $1.6-$1.65 and $1.8-$1.86. If you want to open a long position then place your orders near the support zone and use a tight stop loss.