ðĨ ADA Bullish Parallel Channel Continued
ADA has been trading inside a bullish channel since the start of 2023.
It appears that the most recent sell-off has concluded and found support on the bottom line of the parallel channel.
Near-term targets in blue. If you prefer a high R/R trade you can wait until the price reaches the top resistance of the channel.
It appears that the most recent sell-off has concluded and found support on the bottom line of the parallel channel.
Near-term targets in blue. If you prefer a high R/R trade you can wait until the price reaches the top resistance of the channel.
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