BINANCE:ADAUSDT   Cardano / TetherUS
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for ADAUSDT

According to our previous analysis on July 13, we predicted a rising trend and now you see it has come true and one of our targets is hit. In the present chart, we have R2 as the resistance line and it includes the unsuccessful attempts of the price to rise. R1 used to be a support area. S1 used to be resistance line and S2 is our support line that expresses the support of the price at some points. At the moment, the price is fluctuating below R1 and we expect a little rise for it above the mentioned line.Then by considering the short position for it at this point, we predict more decline to S1. In case it moves below S1, surely more fall will be predicted but if it can give a fixation above R1, it will face more rise toward R2.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

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