Here I have the Cardano (ADABTC) chart for you, it is made with the intention of being simple and easy to read/follow, while at the same time it can be entertaining or simply show you the direction in which I believe Cardano will go.
Today's candle is looking really strong for ADABTC.
With this type of chart, another drop can easily follow before the bullish move, but I am getting the feeling that ADA might start to grow from here.
First, the 0.618 Fib. retracement support has been hit and the lower part of the ascending channel as well, this can lead to a move to the upper side of the channel.
Hidden bullish divergence is also present with the RSI.
Many other altcoins are starting to bounce from support and trying to move higher.
Will Cardano start to grow now?
You can look for the following levels for your answer.
As it is shown by the green arrow on the chart, I believe that Cardano will start to move up within the week.
What's your take?
Thanks a lot for reading.
Alan Masters.
Namaste.
Today's candle is looking really strong for ADABTC.
With this type of chart, another drop can easily follow before the bullish move, but I am getting the feeling that ADA might start to grow from here.
First, the 0.618 Fib. retracement support has been hit and the lower part of the ascending channel as well, this can lead to a move to the upper side of the channel.
Hidden bullish divergence is also present with the RSI.
Many other altcoins are starting to bounce from support and trying to move higher.
Will Cardano start to grow now?
You can look for the following levels for your answer.
- If ADABTC can break and stay above EMA10, it is a signal that it is aiming higher.
- If instead not enough momentum is garnered and prices move below the last low, now sitting at 0.00000447, then ADABTC can easily move lower.
As it is shown by the green arrow on the chart, I believe that Cardano will start to move up within the week.
What's your take?
Thanks a lot for reading.
Alan Masters.
Namaste.
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。