ADAUSD ❕ range trading

٢١ أبريل ٢٠٢٢

After the previous successful Cardano idea, the price came to a mirror resistance level, breaking through the 200MA on the 1H Timeframe, and is now trading in a range. Trading volumes declined and the 50MA and 100MA have formed a golden cross on the 1H Timeframe. I expect a retest of the lower range boundary, a fixing above it and reaching a resistance level.