This is a daily time frame analysis for ADAUSDT.1D
We are in daily time frame. What you see is the price swinging above the first support zone. We have two scenarios in mind Scenario 1: If you hold your price above our first support line, we expect price to rise to resistance areas. Second scenario: If the price moves completely below our first support zone, we expect a drop to the second support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
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