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Technical analysis by Migel1988 about Symbol ADA: Buy recommendation (3/29/2023)

https://sahmeto.com/message/146424
Migel1988
Migel1988
Rank: 4011

ADA Trendbreak and retest of the support levels

Buy
Price at Publish Time:
$0.38693
Buy،Technical،Migel1988

You can See that ADA( Cardano ) Broke the downwardtrend and retestet the so established Support Zone ,after Passing this longterm baerish downtrend. This is a confirmation, that a Trend change is coming in. usually this Trendbreak is followed by a V-Shape Retracement to the 50-61. Fibonacci Levels, where i put the Lines. I think we will reach the Target Zone pretty fast.

Source Message: TradingView
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