ADA/ETH Technical Prediction


(4h chart, Binance)

ADA/ETH seems that has had a downward pressure that found resistance around 0.00055eth where a previous cluster/value (red) was established.
Now I see the situation weaker than stronger and would expect the price to test downward and go back to find value in the previous yellow cluster area at around 0.00040eth - 0.00030eth, once all the people that bought around >0.00055 release.

Could also just jump up from there, the area has been attacked and resisted (even though not convincingly) in the past. But I see more people being squeezed from a move down than a move up.

Soon this accumulating at 0.00055 will end (probably when Volume picks up after holidays), and I was wondering if there are any news or events in the horizon(both from ADA ot ETH) that could make the balance shift one way or the other?


How did you create the graph?
If it’s a result of some web application, could you share the link, please.


@p-alik the chart if from

for the rectangles I edited the image myself