Hi Guys 🍀
Cardano (ADA), is testing this support again but this $2 range has become solid and we can be sure that this is the best demand level.
Now if you see those sell volumes on the market it's because that ADA is forming a triangle right now and it's about to breakout either way. What I think is going to happen is a breakout to higher prices. Let's see if another uptrend is possible.
Those red and blue levels are just the local levels and doesn't imply to long term changes or massive buys or sells.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚
Cardano (ADA), is testing this support again but this $2 range has become solid and we can be sure that this is the best demand level.
Now if you see those sell volumes on the market it's because that ADA is forming a triangle right now and it's about to breakout either way. What I think is going to happen is a breakout to higher prices. Let's see if another uptrend is possible.
Those red and blue levels are just the local levels and doesn't imply to long term changes or massive buys or sells.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚