whycryptoz

Cardano/Bitcoin (ADA/BTC)

Long
BINANCE:ADABTC   Cardano / Bitcoin
Cardano/Bitcoin (ADA/BTC)

Cardano broke resistance on daily time frame looking very bullish on the long run. A retracement may occur but overall more upside, it is also above the 100 day moving average. A good entry point is between 0.00003432 - 0.00003881 and take profit can be at resistance.

Support & Resistance

1st resistance at 0.00004506
2nd resistance at 0.00005175
3rd resistance at 0.00005655
4th resistance at 0.00006516

1st support at 0.00003432
2nd support at 0.00003063
3rd support at 0.00001883

Entry Point

0.00003432 - 0.00003881

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.