ADA needs to re-take 1.31 to disrupt potential topping pattern
I'm currently long ADA and remain bullish but some concerns on recent price action indicating possible double top forming.
Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.
If 1.31 fails we could see further leg down to test neckline level near 1.00...
Bulls need to re-take 1.31 as a show of confidence and to help increase odds of a push to break higher to new ATH in the very near-term.
If 1.31 fails we could see further leg down to test neckline level near 1.00...