Below $0.2000, the previous major resistance at $0.1800 will most likely act as a support. On the upside, the $0.2150-70 zone is a short-term hurdle. Above $0.2170, the price may break the $0.2200 level for a run towards the $0.2500 level.
Hourly MACD – The MACD for ADA/USD is now placed well in the bullish zone.
Hourly RSI – The RSI for ADA/USD is currently well above the 60 level.
Major Support Level – $0.2000
Major Resistance Level – $0.2200
#TradingView keyboard shortcuts, great for speeding up your charting.
- For creating "zones", use the rectangle tool.
- Magnet Mode helps you snap on to wicks.
- Parallel Channel tool deserves more attention.
