Ada / USDT technical analysis 03/01/22
ADA/USDT 4-hour chart
An additional headwind may appear at $1.49 before ADA tags the upper boundary of the governing technical pattern. If Cardano price breaks above $1.50, a 32% upswing toward $1.98 could be on the radar.
However, if selling pressure increases, Cardano price will discover immediate support at the 50 twelve-hour SMA at $1.33, then at the 38.2% Fibonacci retracement level at $1.25. Additional lines of defense may emerge at the August 3 low at $1.26, then at the December 4 low at $1.18. so lets see what will be the next move?
An additional headwind may appear at $1.49 before ADA tags the upper boundary of the governing technical pattern. If Cardano price breaks above $1.50, a 32% upswing toward $1.98 could be on the radar.
However, if selling pressure increases, Cardano price will discover immediate support at the 50 twelve-hour SMA at $1.33, then at the 38.2% Fibonacci retracement level at $1.25. Additional lines of defense may emerge at the August 3 low at $1.26, then at the December 4 low at $1.18. so lets see what will be the next move?
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.