After its aggressive bullish movement, ADABTC is now in a correction process and is heading towards
previous strong support level called "SUPPORT RANGE 1" in the diagram. This is considered a key level
for ADABTC because it has acted as both support and resistance in the past. Appart from that,
100/200EMA crossover on the 2D timeframe is in palce which is super bullish for the long run. 100 % 200 EMAs also
act as strong support line near the "SUPPORT RANGE 1". So keep an eye on ADABTC.
This level could set up the stage for another bull run for ADABTC that could give up to 300% returns.
ADA is also considered a great investment opportunity too.
In terms of trade, the following are some indicative prices of where to enter and exit:
Entry: around 909satoshi
T1: RESISTANCE RANGE 1 = around 1747satoshi (94% profit)
T2: RESISTANCE RANGE 2 = around 3812 satoshi (319% profit)
If however ADABTC cannot hold on the SUPPORT RANGE 1, then we might see a breakdown towards the "SUPPORT RANGE 2".
ADABTC also holds a trending event for product update today that could also attract buyers.
In overall, i am bullish for ADABTC.
If you like my analysis please LIKE this post and FOLLOW me for more cryptocurrency updates
previous strong support level called "SUPPORT RANGE 1" in the diagram. This is considered a key level
for ADABTC because it has acted as both support and resistance in the past. Appart from that,
100/200EMA crossover on the 2D timeframe is in palce which is super bullish for the long run. 100 % 200 EMAs also
act as strong support line near the "SUPPORT RANGE 1". So keep an eye on ADABTC.
This level could set up the stage for another bull run for ADABTC that could give up to 300% returns.
ADA is also considered a great investment opportunity too.
In terms of trade, the following are some indicative prices of where to enter and exit:
Entry: around 909satoshi
T1: RESISTANCE RANGE 1 = around 1747satoshi (94% profit)
T2: RESISTANCE RANGE 2 = around 3812 satoshi (319% profit)
If however ADABTC cannot hold on the SUPPORT RANGE 1, then we might see a breakdown towards the "SUPPORT RANGE 2".
ADABTC also holds a trending event for product update today that could also attract buyers.
In overall, i am bullish for ADABTC.
If you like my analysis please LIKE this post and FOLLOW me for more cryptocurrency updates