ADAUSDT - retest of support at 0.7850 before growth
ADA failed to stay above 0.838. A false breakout has formed (liquidation has created momentum). The balance of forces has shifted, and MM may consider support at 0.7850 - 0.7773 as interesting before a possible rise.
The trend is bullish, and a retest of support will allow large players to enter the market at a convenient price, while individual traders will have the opportunity to open trades at a low price.
The trend is bullish, and a retest of support will allow large players to enter the market at a convenient price, while individual traders will have the opportunity to open trades at a low price.
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❤️ Telegram channel: t.me/AndeWave
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.