Cardano (ADA) Analysis with Aron Groups Broker

Aron Groups

Trader
Oct 15, 2021
36
16
19
24
1637844401459.png

ADA is in a good supportive bounds now. until price can't become stable under 1.4597 it can go to touch the upper limit of downtrend channel I I mean 1.9942. and then move to touch 2.4728 and 2.7102.
But if A Supportive bounds can't play its role well we can see touch of 1.1715 at least . the next targets can be 1.001 and even 0.8918
 
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Reactions: D.HAMZEH and Salar

D.HAMZEH

Trader
Nov 23, 2021
4
0
6
45
View attachment 19517

ADA is in a good supportive bounds now. until price can't become stable under 1.4597 it can go to touch the upper limit of downtrend channel I I mean 1.9942. and then move to touch 2.4728 and 2.7102.
But if A Supportive bounds can't play its role well we can see touch of 1.1715 at least . the next targets can be 1.001 and even 0.8918
Thanks for the excellent analysis. I agree with you and we are at a good level now for a medium term purchase