#Ada : $ADA > #ADA/USDT Trade setup:
Following a bullish breakout from Ascending Triangle pattern, price resumed its uptrend and broke above $0.46 key level as well. However, price is very overbought (RSI > 75) just as it reached $0.65 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. If it breaks above $.65, it could revisit $0.75 next. (set a price alert).
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, which it broke, then $0.75.
