ADA/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 2.2560, 2.4684, 2.500.
Key Support Levels: 2.0603, 1.9099, 1.9000.
The price on the higher time frame failed to break the strong daily support around the 2.0603 USDT mark and reversed higher leaving a fake breakout behind and a higher low. This shows that the buyers took control of the market. We expect the market to move upward toward the next key level 2.2560 USDT.
ADA/USDT (Futures) Medium-Term Trend: Bullish
On the lower time frame, the coin succeeded to break the Wyckoff accumulation phase to the upside after posting a series of higher lows. A lower correction could be seen to the highlighted area before a new impulsive toward the target profit.
Buy Limit Order @ 2.1475
TP 1 @ 2.2532
TP 2 @ 2.4684
Stop Loss @ 2.0954
Trade Safely 🙂