ADA is forming Higher High (HH) and Higher Low structure on 1-hour chart and moving up. This is a bullish structure and usually found in bull rally. The major resistance level is $3 and support is $2.58-$2.64 area. The HH and HL structure is invalid after it breaks the $2.58 support area. Keep an eye on that level.
ADA is now at rank 3 and has a total marketcap of $88 Billion. Jumping into ADA at current price is not a good trade as per risk reward ratio. We may see correction in ADA after the smart contract hype is over. Wait for sometime for better entry.
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According to your chat,ADA is forming HH and HL according to your chat.Means that bullish trend has already been activated,ADA is going to break that HH and continue on bullish trend.Thanks for the update.Kudos
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I'm still waiting for the answer willy.
The account has been tarnished already.....and this is for a different type of posts