Quick preview of my past TA - ADA/USD Technical Analysis - 05 April 2018

7 days ago, I said that the bounce will start on the 10th of April. And here's what happened

Since April 10, the price is on upward movement and the channel resistance once broken last night pushing the price higher.

Now, we'll wait and see on how much it will retraces back before we can assess on up to how much the bull run will continue. For the mean time, below are possible retracement values.

Retracing lower than 0.236 Fib. retracement will invalidate the bullish run.

Disclaimer

This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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