ADAUSDT. has currently made a few runs to area of its newly found ATH as Aug. comes to an end. After recently getting rejected at resistance while attempting to enter the $3USD area it looks like we’ve found support. With a 4hr close back above the trend line and EMA34 I believe ADA may be charging back at resistance and possibly towards a new ATH.A few points worth mentioning:
- K+D lines of Stoch close to touching
- RSI Crossing back over the 50 line
- 4hr close above trend line
- 4hr close above EMA34
- Increase of bullish volume
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
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