This is an observation on what ADA is doing over the last few weeks\months.
Since December 2020 the price seems to follow perfectly the up and down ascending channel is in.
We are currently testing the support at $ 1.70-80 area that is essential to be maintain following this idea.
I would wait for few other confirmations before going long but seems to be a good entry point.
I've shown with te arrows than all the other resistances ADA needs to go through up to $ 3.
( IF you like the idea leave a like or a comment )
Remember to be patient , make your own research and have a plan B in case PLAN A explodes! BOOOM
Good Luck all
Peace
Since December 2020 the price seems to follow perfectly the up and down ascending channel is in.
We are currently testing the support at $ 1.70-80 area that is essential to be maintain following this idea.
I would wait for few other confirmations before going long but seems to be a good entry point.
I've shown with te arrows than all the other resistances ADA needs to go through up to $ 3.
( IF you like the idea leave a like or a comment )
Remember to be patient , make your own research and have a plan B in case PLAN A explodes! BOOOM
Good Luck all
Peace