( ADA ) is trading now in a neutral Direction
Our view of the Cardano (ADA) cryptocurrency has been dropped since 25/11/2020 day trading
from levels of $ 0.17549 towards areas of $ 0.11230 due to the pressure of sellers,
that was after 5 days bullish trend from $ 0.10549 up to $0.18300, so, our outlook was & still neutral
due to the lack of confirmation of the breach of the new volume control areas
at the moment it is trading at areas of $ 0.14604.
AS Shown in
The Chart Below
Prediction:
We do not recommend trading them at the moment until you trade with a specific clear trend.
So do not trade them at the moment until intersect the nearest strong resistance area
which at $ 0.16198 up to $ 0.17549
The digital currency Cardano, in the case of breaking $ 0.17549 areas, may intersect target levels of $ 0.18300.
Support & Resistance
Support: $ 0.13473 - $0.11230 >> Very strong area
Resistance: $ 0.14865 - $0.16288 - $0.17456
