Technical analysis by YGTtrader about Symbol ADA: Buy recommendation (12/11/2024)

ADA/USDT came to the weekly resistance at 1.3 and after losing the momentum to break, it closed its weekly candle below this level. After this closing, the rise of BTC.D and the movement caused by the fall of BTC caused a fall in altcoins. This fall created an opportunity to pullback to the resistance level broken at ADA, the market trend is currently upward and for this reason I think that the rise will continue from the island.