ADA over the ma 200

24 באפר׳ 2020

As we have been waiting, we finally made the cross of the MA 200 and started a small rally. 3 bullish signs:

1- Crossed and confirmation over the ma 200
2- Tested and crossed the ema 200 (waiting the next 2 days for the confirmation)
3- Broke one bearish resistance from june 2019.

The move has a first stop around 580/590 sats where we may see a small consolidation phase.

The question we all want to be able to answer: When we reach the consolidation phase, will we test the resistance at 694 and break it or are we going to see a new lower high?