ADA 12h How much more strength for growth?

2 Feb 2021

Below $0.30, aggressive buyers did not let lower the ADA price, keeping it within the channel.

The price is now moving up, refreshing the recent high of $0.40.

Now, the price is moving to the upper limit of the channel in the zone of $0.47-0.48. And there it is worth thinking about whether it is worth continuing to keep the ADAUSDT long or it is better to take profit. Or maybe just put a short stop so as not to give the deserved profit to the market?)

After all, further the scenario with the ADAUSD price fall to the lower limit of the channel $0.34 may start.
Though, the real protection and aggressive buying were carried out in the liquidity zone of $0.23-0.28.
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