ADAUSD is heading towards a line of 0.3712. If this movement continues, the price of ADAUSD could test 0.3712 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
After testing 0.3712 numerous times, ADAUSD is once again approaching this price point. Can we expect a bearish trend to follow?
