Analysis of #ADAUSDT
ADAUSDT broke out of its long-term falling channel and was able to close above key level 1.000
if the market falls down to test the support level near 0.600-05500 we can then trigger a long-term buy entry.
now the market is making a retracement to retest its previous resistance level now turned to support and to see if it will find buyers again near 1.000 sharp number
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
ADAUSDT broke out of its long-term falling channel and was able to close above key level 1.000
if the market falls down to test the support level near 0.600-05500 we can then trigger a long-term buy entry.
now the market is making a retracement to retest its previous resistance level now turned to support and to see if it will find buyers again near 1.000 sharp number
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
