Technical analysis by MeTraderTr about Symbol ADA: Sell recommendation (16 hour ago)

MeTraderTr

Ada, with strong sales from the Supply region, starting the downward trend after starting the downward trend after the voluminous rise after the formation of the double ball (double hill) formation seven and the Bearish Pennant (decrease pennant) continues to be stuck in the structure ... The base of the formation is 0.8820 $ Minor Support is critical. • Closes under $ 0.8820 activates the formation → Formation. 🎯 First Target: $ 0.8720 - $ 0.8700 🎯 Main Target: $ 0.8558 (Major Support band) • Permanence over $ 0.8820 → It maintains the direction of decrease in the main trend, although there is a short -term reaction. 🔑 Summary • Trend: down • Formation: Bearish Pennant (declining pennant) Critical Support: $ 0.8820 OBJECTIVE: $ 0.8558 #ADA