ADA consolidation
ADA has found support in the green zone we defined early december. It touched our second target around 930 sats and is now consolidation around our first resistance level.
As long as Bitcoin decides to chill, we could see ADA performing well during the next couple of weeks.
Trading above the 50 & 100 EMA with the 50 EMA coming closer to the 100 EMA. I'll be looking for the 50 EMA to cross the 100 EMA after which I'll enter a long with a target around 1200 (daily level).
As long as Bitcoin decides to chill, we could see ADA performing well during the next couple of weeks.
Trading above the 50 & 100 EMA with the 50 EMA coming closer to the 100 EMA. I'll be looking for the 50 EMA to cross the 100 EMA after which I'll enter a long with a target around 1200 (daily level).
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