As we can see, the price is moving below the downtrend line.
Looking at the chart in the longer term, we can see that currently the price is in the support zone of thirty-seven cents to thirty-one cents.
Looking the other way, let's designate a resistance zone from forty-five cents to fifty-one cents.
However, it is worth designating points of resistance that the ADA must overcome before it reaches the long-term resistance zone.
As we can see in the near term when the price leaves the support zone over the top, we have resistance at thirty-nine cents, another resistance at forty-two cents and forty-four cents.
In the short term, the CHOP index shows that the downward movement has stopped and there is some energy left for the new one, and the MACD indicator shows a local downward trend, but you can see how the blue line is slowly starting to turn.
Looking at the chart in the longer term, we can see that currently the price is in the support zone of thirty-seven cents to thirty-one cents.
Looking the other way, let's designate a resistance zone from forty-five cents to fifty-one cents.
However, it is worth designating points of resistance that the ADA must overcome before it reaches the long-term resistance zone.
As we can see in the near term when the price leaves the support zone over the top, we have resistance at thirty-nine cents, another resistance at forty-two cents and forty-four cents.
In the short term, the CHOP index shows that the downward movement has stopped and there is some energy left for the new one, and the MACD indicator shows a local downward trend, but you can see how the blue line is slowly starting to turn.
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.