๐Ÿ”ฅ ADA Reversal From Strong Support

During the sell-off of the last couple of hours, it seems that ADA has found a local low around the 1.03 mark. In case a new bullish move starts from here, I've placed the entry point around the value of before the sell-off.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart Iโ€™ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!
ADABitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsreversalTrend Analysisusdt

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