🔥 ADA/USDT Update: Channel Resistance Holding

In my previous ADA post I predicted a short term rise in the value of ADA. Both old targets are hit. Although bullish movement seemed very strong at the start, after a 20% gain the move seems to be exhausted, sending the price back down to the support of the channel.

The first old target to be hit was the current S1 target, our main support for this move. The second support target, S2, is a more speculative one. It's placed at the bottom support of the channel. Do your own due diligence.

Happy trading!