ADA/USDT : What is the next targets ?

6 May 2021

ADAUSDT
Hello everyone 😃

ADA had a breakout from it's accumulation zone ( as we mentioned before 😉 ).
ADA has bounced nicely from it's MA50 and now EMA20 and MA50 are below movement and they will act as a support for ADA.
Now let's discuss about next possible directions and targets !
Now we might see a retest on broken level ( $1.48 - $1.57 ).
After that there will be a enough space for traders to join ADA..
Cause volatility had a bullish crossover and There are two stiff support points which can reversal the movement.

According to FIBBO retracement's levels;
1st targets is located near 2$,
2nd one will be at ~$2.35
And the 3rd is located is above ~$3.2 which is too soon to count it as target !
You can use safe targets if you want to take advantage from it.
Any 1D closes below support zone will invalidate this setup..

Hope you enjoyed our analysis about ADA's possible targets🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades