$ADAUSD - Heading towards December's high
Hi guys! 👋🏻
Sorry for being away for a long time, I'm on a head to head with Covid-19.
🔔 December didn’t go well for ADA, as the token’s value against the US Dollar dropped by nearly 10%. Yet today, ADAUSD is showing some strength and is looking towards the test of December’s highs at $0.172480.
🔔 Currently the price is above the dynamic resistance of November 24 and looks very bullish
🔔 There is an important resistance up ahead at $0.16000 before ADA can reach the $0.17200 target and December's high.
🔔 Though looks very achievable as both MA's 100 & 200 and EMA55 show a strong support.
🔔The continuation of the bullish trend might be supported by a running on weakening of the US Dollar Index. The Dollar Index is yet under pressure as Covid-19 new cases and daily deaths in the US hit new highs and governors of some states such as NY are closing businesses they had reopened after spring lockdowns.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Sorry for being away for a long time, I'm on a head to head with Covid-19.
🔔 December didn’t go well for ADA, as the token’s value against the US Dollar dropped by nearly 10%. Yet today, ADAUSD is showing some strength and is looking towards the test of December’s highs at $0.172480.
🔔 Currently the price is above the dynamic resistance of November 24 and looks very bullish
🔔 There is an important resistance up ahead at $0.16000 before ADA can reach the $0.17200 target and December's high.
🔔 Though looks very achievable as both MA's 100 & 200 and EMA55 show a strong support.
🔔The continuation of the bullish trend might be supported by a running on weakening of the US Dollar Index. The Dollar Index is yet under pressure as Covid-19 new cases and daily deaths in the US hit new highs and governors of some states such as NY are closing businesses they had reopened after spring lockdowns.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
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Nothing is true, everything is permitted.
_________________________________
🤖 Get 20% fee cashback on CoinW with this link - coinw.com/frontweb/invitePublicity?r=azizelliott
_________________________________
🤖 Get 20% fee cashback on CoinW with this link - coinw.com/frontweb/invitePublicity?r=azizelliott
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.