Like all cryptos, ADA has seen a massive amount of buying over the last couple of days. Currently, BTC is seeing a short term bearish move within a greater bullish reversal move. Like all other cryptos, ADA is following BTC's every move.
For now, I'm eyeballing a potential buy-in area for ADA around the $1.60 support area. It's based around the last swing high plus the golden Fibonacci, an ideal candidate for a reversal.
Happy trading!
For now, I'm eyeballing a potential buy-in area for ADA around the $1.60 support area. It's based around the last swing high plus the golden Fibonacci, an ideal candidate for a reversal.
Happy trading!
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