$ADA - price analysis:
Weekly view = Bullish retest 📈
Look at the lagging span reaction (weekly close) accuracy exactly on the trend line (blue)!
Prices could continue to move toward the next big levels:
1.55 - 1.75$ & 1.91$
Daily view = Neutral!
M30 / H1 uptrend has been break by the downside! ⚠️
Key resistance to be break = 1.1300$
Key support to be maintained for the bulls (long term):
0.7950$
To resume:
Weekly view looks open for more growth in prices
Key resistance touched and neutral zone!⚠️
I think that prices could test again the 1.010 or 0.9800$ support zone, before to see another pump! 📉
💡Lower entry recommended for longs, or wait for resistances to be breakout!
💡Possible setup in my H4 view.