Technical analysis by MrBrunoBang-Christensen about Symbol ADA: Buy recommendation (1/27/2022)

My analysis reflects a positive fluctuation (target 1,638). The analysis consists of these 4 different levels. A support level (fluctuation level) of 0.951 and a stronger support level of 0.8. A resistance level of 1.34 and a target of 1,638. I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.