- With a blue line I've marked the downtrend that is being challenged right now.
- We can see a push above EMA10 and EMA50.
- If ADABTC can close the daily above EMA50 (magenta line), it would signal massive strength and additional action can be expected from this altcoin.
- It would move up to challenge its last peak @ 0.00001355. If this level breaks, we can look at higher targets. If this level holds, then a retrace is in place and a new analysis is needed.
Conditions for change: If ADABTC is to fall back and close below 0.00001074, it would be sending a signal and additional action can ensue.
We can easily trade Cardano ( ADABTC ). Here are the trade instructions:
BUY: 0.00001075 - 0.00001125
STOP: Close daily below 0.00001050.
I hope you enjoy it.
Make sure to hit LIKE.
EXCITEMENT COMES NEXT
First comes the slowness, the persistence, the work, the stalled.
Then comes the patience, it goes on and on.
Then stops the wait.
The game is on... Time To Play...
Excitement comes next!
Patience is key.
(1) 0.00001218 -Reached 19-Feb. (+10.7%)
(2) 0.00001355 -Next target
Enjoy the profits.