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SpartaBTC
6 мая 2021 г., 15:27

ADA / USD Channel 52.42% Resistance 1.318 Breakout attempt 1.72 

Cardano / US DollarBinance

Описание

Trading situation on the 1 day timeframe locally. In the resistance zone of the large bowl, a horizontal channel was formed with a step of 52.42%. At the moment, there are attempts to break it out of the 1.72 Level Zone on the chart.

The main trend in this training / job trading idea


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+ 63% from the breakout of the horizontal local channel. The trend is developing.

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The situation now, after the breakout of the channel resistance, a rollback and under the "reset 19" squeeze to the support of this channel. Now the price is being held above the channel resistance. Let me remind you that the yellow line is the resistance of the large cup. The price is over her. This is a good sign. There is also some positive news for this coin.

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+140%

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+200% to the zones of levels 2.82 - 3.22 (gematria sense), from this zone rollback.

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One of the most hit coins, which is now at values of more than +2700% of the average price of the main dial zone. On the chart I showed the secondary trend of this cryptocurrency and work in it in case the downtrend breaks.

Currently, the price is at the mirror support level of the big cup. When working on this cryptocurrency, one should understand at what price values this cryptocurrency is even after a pump correction since September.

It is also worth noting that the main growth driver of this cryptocurrency could be China.
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HHSPN
Wow! $40. Will we see a handle before we resume up? Looks like the fib level aer acting as support and resistance. Thanks for the chart.
KlejdiCuni
Simple analysis. I love it:)
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