Huge support on this level and it has shown a bounce back. Trade with a stoploss of 120 with less margin, because of huge downside in SOL.
Well maybe everyone is bullish right now on ADA, but I see a correction in this. That is because it isn't downfall much during crash, but for long term, it is a great bet. Short term will be bearish.
That's you should analyze the chart before trading. That was rising wedge but you should not trade till it reaches it's final destination.
This is a short term view, we can see another upside to 114 and then to all-time high. Remain if you're a long term, exit if you are a swing trader.
According to all the resistance and support of the past, we can conclude if it breaks $230 levels then it may go up in short term. Its just an prediction, invest on your own wisdom.
We can see huge upside in the coming days if this line breaks, that what my prediction says. Its been ranging at this range for a long time. If breaks, we can see a 52 week high, just hope that bull market doesn't end.