ADA/USDT More Room for Growth in the Channel

2021年1月4日

ADA/USDT has been following this channel since the early days of the Corona-crisis. During the recent influx of volume into the world of crypto this pair has seen some steady growth. I think there's more to be gained here.

My first thought is that the upper trend line of the channel has be to be reached before we'll see any bearish pressure. Best bet would be to wait till the price touches the channel. On the other hand, I'm expecting a lot of bearish pressure around $0.30, so it's probably a better idea to place your exit around that area.