CFcryptoTA

ADA update

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BINANCE:ADAUSD   Cardano
ADA has reached the target from my previous chart completing the previously discussed HnS, and I have entered around 2. It is now attempting a break through the 50-day VWMA, which was previous resistance. I suspect this will fail as ADA is not showing great momentum yet, and the stochRSI start to look weak in the intraday frame. However, if 2.42 is broken with great momentum, ADA will reach 2.79 to steam off before completing an inverse HnS and reaching a new high at 3.8. My loading zone is at 2.05 right now. If the 2.42 will get violated, then I will buy on the retest. I am happy with my ADA bag. However, it is never enough.

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