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🔥 ADA Bullish Parallel Channel Continued
Cardano / TetherUS
Long
🔥 ADA Bullish Parallel Channel Continued
By FieryTrading
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May 18, 2023
3
9
15
15
May 18, 2023
ADA has been trading inside a bullish channel since the start of 2023.
It appears that the most recent sell-off has concluded and found support on the bottom line of the parallel channel.
Near-term targets in blue. If you prefer a high R/R trade you can wait until the price reaches the top resistance of the channel.
ADA
Bitcoin (Cryptocurrency)
BTC
cardano
Chart Patterns
crypto
Technical Indicators
Parallel Channel
Trend Analysis
usdt
FieryTrading
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