The ADA is based on a support of $ 1.09
Cardano / TetherUS BINANCE:ADAUSDT
Hello everyone, let’s take a look at the ADA to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let’s start by drawing a resistance line, as you can see, the first resistance is $ 1.15 and the next resistance is at $ 1.26
Now let’s move on to the support line and as you can see the first support is $ 1.09 on which the price is currently based, the next support is $ 1.02 and $ 0.97.
Looking at the CHOP indicator , we can see that we have a lot of energy in the 4H interval.
