TradingView
EuroMotif
Jun 2, 2019 1:39 AM

ADA/BTC upcoming Resistance zones: Cardano bounce watch 

Cardano / BitcoinBinance

Description

ADA looks to have bottomed close to previous low.
The Impulse from previous low served as support.
Now approaching first resistance zone to watch.

Behavior at the resistance zones will be telling of strength.
Rejection from first Red zone again would be a very bad sign.
Break of first Red zone should be easy if bulls have any strength.

1155-1160 is the immediate but minor resistance
1213-1224 was previous rejection, need to break.
1341-1356 will be serious resistance to contend with.

.

See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

Currently in Play:






Recent Achievements:
(great entry, massive profits)
(in Progress, perfect turns)
(caught the EXACT bottom)
(instant Profits, no drawdown)
(massive Profits, breakout entry)
(massive Profits, short wait)
(massive Profits, instant Win)
(PERFECT targets, massive profits)
(Top warning JUST in time)
(Top warning EXACTLY in time)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

.
More