ADAUSDT price is in a good place for buying
This is the ADAUSDT 1h chart that you are looking at
we have a pretty good support level that kept price from falling down on 2.050 and as you can see on the chart price was ranging above this support zone that I showed on the chart .
at this time our previous bullish trend line reached this important support zone
now price is exactly where our bullish trend line which is acting as a support and our support level meet
this made a clear and strong support zone where price can bounce of and break the bearish trend line above it's head which is acting as a resistance and touch 2.25 again
also we have some kind of descending triangle pattern on the chart which can be bullish if we see a breakout from above it
THIS IS JUST AN ANALYSIS...
This is the ADAUSDT 1h chart that you are looking at
we have a pretty good support level that kept price from falling down on 2.050 and as you can see on the chart price was ranging above this support zone that I showed on the chart .
at this time our previous bullish trend line reached this important support zone
now price is exactly where our bullish trend line which is acting as a support and our support level meet
this made a clear and strong support zone where price can bounce of and break the bearish trend line above it's head which is acting as a resistance and touch 2.25 again
also we have some kind of descending triangle pattern on the chart which can be bullish if we see a breakout from above it
THIS IS JUST AN ANALYSIS...