ðĨ ADA Higher Low: Bullish Trend Reversal Incoming
A while ago I made an analysis on ADA and the potential reversal in trend we were going to see. After bouncing off the initial resistance, investors are pushing ADA higher for a second re-test of said resistance.
Investors have successfully formed a higher low for ADA, making it one of the top performing large cap alts. If ADA can break through the previous high, $0.69, we can most surely expect a big move up, potentially targeting 0.80and beyond.
Ideally we'd get a big green 'god candle' in the next few hours which launches the price through the resistance, confirming the bullish break out. Be aware that we're still able to reverse from $0.69, so be patient and wait for the break out.
Investors have successfully formed a higher low for ADA, making it one of the top performing large cap alts. If ADA can break through the previous high, $0.69, we can most surely expect a big move up, potentially targeting 0.80and beyond.
Ideally we'd get a big green 'god candle' in the next few hours which launches the price through the resistance, confirming the bullish break out. Be aware that we're still able to reverse from $0.69, so be patient and wait for the break out.
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