ssari
Long

ADA.BTC (Y20.P3.E3).Depends if BTC can hold

BINANCE:ADABTC   Cardano / Bitcoin
Hi,

If BTC can hold the 9k level as per my previous post, then ADA against BTC has another level up to go.
So lets look for that bullish candle at this level to jump back in.
From a weekly perspective, we still have a bullish indicator from the Phoniex indicator (against BTC ) so I'm still going to go long with my ADA .
Just going to look for another entry point, maybe here to have more, along with LINK, Tesoz, ETH, etc.


Cheers,
S.Sari

Monthly chart, we have a strong monthly resistance level as the barrier.

From a weekly perspective, we still have a bullish indicator from the Phoniex indicator,

Previous BTC Post

Previous ADA . BTC post
Comment: I envision 2 or 3 paths.
Comment: Chances are the price will range in this box making it difficult to jump in.
Comment: wrong chart above.
Comment: Not ready yet.
Lets see the next 24 hrs. I'm expecting some bullish formation rather than a reversal.

Comments

Hi
Now is good for enter?Trade active?
Reply
ssari tview3296
@tview3296,I see a squeeze happening in this corner. It looks inviting. Wait for a break of any one of these lines or a bullish engulfing candle on the 4 hr.
Reply
ssari tview3296
@tview3296, its not ready yet. Lets see the next 24 hrs. I'm expecting some bullish formation rather than a reversal.
+1 Reply
@ssari, Tnx dude
Reply
@ssari, Ada breaks downward...What's your opinion? It's bearish?
Reply
ssari tview3296
@tview3296, There is downward pressure on the 2D and above. Not of pressure that is a massive drop but a slow one and hence why I think it will take the form of a downward wedge. But for now, I will take 8 HRS each time to give us more clues, for now it will just go sideways.
Reply
@ssari, Whats your opinion about shelley hardfork? 29's july. I think that will Raise the price
Reply
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