ADA Has had a solid consolidation for almost 6 months, and is clearly ranging in the range drawn on the chart. A break above 200EMA on the daily would signal a clear buy signal and confirm the trend that ADA would follow up in the coming weeks/months.
Furthermore, ADA has broken above the daily ichimoku cloud with a kumo twist in the works. This is a great setup to go long on ADA.
Overall, ADA looks primed for a rally.
As always a word of disclaimer - please trade with a risk management protocol suitable for you. Always have stop losses and don't trade with money you can't afford to lose.
Furthermore, ADA has broken above the daily ichimoku cloud with a kumo twist in the works. This is a great setup to go long on ADA.
Overall, ADA looks primed for a rally.
As always a word of disclaimer - please trade with a risk management protocol suitable for you. Always have stop losses and don't trade with money you can't afford to lose.