"ADA is surprisingly strong!"
"Signal of bull market return? Support has been confirmed"
"Time to layout! Short-term opportunities are right in front of us"
Market analysis:
ADA has performed very strongly recently, with prices breaking through multiple moving averages, and market sentiment is optimistic. Bulls are clearly dominant, but we need to be wary of possible pullbacks caused by short-term profit-taking.
Key points:
• Support level: 0.9700, 0.9200, 0.8800
• Resistance level: 1.0300, 1.0800, 1.1200
Short-term trading strategy:
Buy strategy:
• Opening point: 1.0200
• Adding position: 0.9800
• Stop loss point: 0.8700
• Take profit target: First target 1.0300, second target 1.0800, third target 1.1200
Personal prediction:
Tend to be long, the price is expected to break through 1.0300 and move towards 1.0800, and there may be further upward space in the short term.
[We will share the analysis of mainstream and altcoins with you every day. You can click on the coin pair labels in the article to trade. I wish you all make a lot of money! ]