ADA isn't showing healthy volumes for now.
As you can see, it's been retesting a local resistance and can't manage to pass it. This consolidation is causing possible shakes. There are two support zones in case we experience a drop. One is local, and the other one is sold and strong. The lower one is strong enough to hold the price up in case of sudden crashes.
On the other hand, we have two resistance areas, one of which is being fought right now, and the other one is solid, and more Buy Volume is required to pass it for now, But there are none!
Use this chart as your trade setup for now; I'll keep it updated.
Let me know your ideas.
Good luck.
As you can see, it's been retesting a local resistance and can't manage to pass it. This consolidation is causing possible shakes. There are two support zones in case we experience a drop. One is local, and the other one is sold and strong. The lower one is strong enough to hold the price up in case of sudden crashes.
On the other hand, we have two resistance areas, one of which is being fought right now, and the other one is solid, and more Buy Volume is required to pass it for now, But there are none!
Use this chart as your trade setup for now; I'll keep it updated.
Let me know your ideas.
Good luck.
