SpartaBTC

ADA / USD Channel 52.42% Resistance 1.318 Breakout attempt 1.72

SpartaBTC Updated   
BINANCE:ADAUSD   Cardano
Trading situation on the 1 day timeframe locally. In the resistance zone of the large bowl, a horizontal channel was formed with a step of 52.42%. At the moment, there are attempts to break it out of the 1.72 Level Zone on the chart.

The main trend in this training / job trading idea
ADA / USD Main trend (part). Chalice (4 phase) Psychology of behavior of the masses.
Comment:
+ 63% from the breakout of the horizontal local channel. The trend is developing.
Comment:
The situation now, after the breakout of the channel resistance, a rollback and under the "reset 19" squeeze to the support of this channel. Now the price is being held above the channel resistance. Let me remind you that the yellow line is the resistance of the large cup. The price is over her. This is a good sign. There is also some positive news for this coin.
Comment:
Comment:
Comment:
+140%
Comment:
+200% to the zones of levels 2.82 - 3.22 (gematria sense), from this zone rollback.
Comment:
One of the most hit coins, which is now at values of more than +2700% of the average price of the main dial zone. On the chart I showed the secondary trend of this cryptocurrency and work in it in case the downtrend breaks.

Currently, the price is at the mirror support level of the big cup. When working on this cryptocurrency, one should understand at what price values this cryptocurrency is even after a pump correction since September.

It is also worth noting that the main growth driver of this cryptocurrency could be China.

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Disclaimer

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.