롱

ADA is suppported by 0.618 and ready go to 1.618

Hello my friends! This is MATE, a team dedicated to develop indicators and auto trading robot.
As we can see, ADA had a bottom divergence from $1.393 to $1.284.
It always occurs trend reversal because of a bottom divergence.
In fact, ADA does have a trend reversal and be ready to go up.

In Fibonacci Retracement , we can find that ADA is supported by 0.618.
Therefore, the target will be at 1.618, which is also the position of the next pressure zone.

By LS_Main indicator, we can open long position at $1.357.
If you do buy ADA, just be ready to take your profit.😉

I would be glad if you share your opinion and hit the like button!
If you like my analysis, you can follow me to see my analysis at once!