Crypto Banter
  • ABOUT
  • CRYPTO SCHOOL
  • LIVE STREAMS
Chart of the day

Chart of the day: ADA/USDT Weekly

On Friday (14 January) we called ADA as our chart of the day, which went on to perform very well over the weekend. SundaeSwap, a decentralized exchange (DEX) for Cardano, is going live on Thursday 20 January 2022, so we can expect prices to continue moving upwards.

Sheldon The Sniper by Sheldon The Sniper
January 17, 2022
in Signals & Trades
Share on TwitterWhatsappShare on Facebook

On Friday (14 January) we called ADA as our chart of the day, which went on to perform very well over the weekend. SundaeSwap, a decentralized exchange (DEX) for Cardano, is going live on Thursday 20 January 2022, so we can expect prices to continue moving upwards.

As you can see from the Weekly chart of ADA, we are about to break a long-term line, which could also provide some short term resistance. Once we break this trendline, we can expect the price to come back and test support before making its way up to $2.30, the 0.618 retracement level we mentioned on Friday.

Be sure not to miss our latest ADA article, or our show where we look at ADA in more detail.

If all this “technical talk” is confusing, check out Sheldon’s Sniper Master Classes on our YouTube channel. These short (10 to 15 min) videos explain technical analysis in a simple-to-understand way, delivered with Sheldino’s inimitable style. Definitely a must-see! (Here, if you need the link again!).

Tags: ADA
Sheldon The Sniper

Sheldon The Sniper

Crypto Trader, TA Analyst,Educator: Daily Market updates & key educational tips No financial advice! I won’t ask for money.

  • Home
  • Live Stream
  • Community
  • Crypto School
  • Banter Capital
  • Crypto Banter
  • Our Ethics
  • Work with Us
  • Terms of Service
  • Privacy Policy
© 2022 Crypto Banter.
All Rights Reserved.
Sniper Trading School
Crypto School

© 2022 Crypto Banter. All Rights Reserved.

  • Home
  • Live Stream
  • Community
  • Crypto School
  • Banter Capital
  • Crypto Banter
  • Our Ethics
  • Work with Us
  • Terms Services
  • Privacy Policy

© 2022 Crypto Banter. All Rights Reserved.