ADAUSD BUY/LONG NOW READY (Might still do a restest)
Hi All, this is an update based on my previous ADA chart release. You can consider re-entering now already. HOWEVER, note that the market could still fall back to 1.27 - 130.
AGAIN THE OVERALL is still an uptrend yeap.
Technical Analysis
1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already.
2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level
Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
AGAIN THE OVERALL is still an uptrend yeap.
Technical Analysis
1. Fibonacci Retest to 0.618 (Golden Zone) - Market is bouncing off it already.
2. Retest of Fibonacci Level is also on NEW Horizontal SUPPORT level
Consideration: The market could still fall to 1.27-1.30 range so bear in mind. However, overall and long-term still a strong up all the way to at least 2.00 range.
Trade chiuso: obiettivo raggiunto
Crypto has a tendency to reach maximum exhaustion levels of the Fibonacci Expansion levels!