Is it time to go long on ADA? It just hit and bounced off a major support level today. All the indicators are showing a bullish build up. We have positive divergence on the RSI. If it can breakout off the top trend line and the 1.60 resistance level it will be a bullish reversal confirmation. If the $1 support level is broken then we will see a massive sell off to $0.38 level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.