Hello everyone, let's take a look at the ADA to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start by drawing a resistance line, as you can see, the first resistance is $ 1.15 and the next resistance is at $ 1.26
Now let's move on to the support line and as you can see the first support is $ 1.09 on which the price is currently based, the next support is $ 1.02 and $ 0.97.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H interval.
Let's start by drawing a resistance line, as you can see, the first resistance is $ 1.15 and the next resistance is at $ 1.26
Now let's move on to the support line and as you can see the first support is $ 1.09 on which the price is currently based, the next support is $ 1.02 and $ 0.97.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H interval.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.