rajista

#cardano #ada looking to moon? #crypto

BINANCE:ADABTC   Cardano / Bitcoin
#Cardano #ada offering good reward:risk at the trendline support levels.

Price currently supported by the 30DMA and facing resistance at the 50DMA level at 2350.

Bullish view if we get a break above 2350-2400 where we have the 0.382fib and 50DMA resistances.


$ADA weekly heiken ashi color change at yesterday's closing, after an extended downtrend

Comments

Hi Rahul, you specified two position in chart, how you plan to do that ?
You take first position ~ .00002269 and if stopped out, you will take the lower ~.00002080..?
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rajista Afsar_Ali
@Afsar_Ali, HIi afsar, the 2 setups are as per the bullish/bearish moves by ada, if it breaks below the up trendline then look for entry on the down trendline(red) support and the 2nd entry is for the bullish view- that is, incase ada doesn't break the uptrend line then look to enter on the pullback.
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Afsar_Ali rajista
@rajista, Thanks Rahul, Got it Buddy.
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rajista Afsar_Ali
@Afsar_Ali, you're welcome. cheers!
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