nDman_sk

Be ready for flying!

Long
nDman_sk Updated   
BINANCE:ADABTC   Cardano / Bitcoin
As you can see ADA has finished it's long Falling Wedge at very bottom of slope.Now it slides on the ground inside a side moving channel.
In the picture below you can see clearly a strong Bullish Divergence and the change of trend from falling wedge to side moving channel.
I tracked the volume of ADA and in past 24 hours it decreased by 850 BTC but the price didn't change much, now that money is ready for next pump.
As you can see in the chart, before or at start of bull move of ADA the C M F stayed out sharply from the base level.
Every things seems to be right for flying :)

Comment:
In this screen-shot it's clearly visible the resistant and support lines of ADA laid on Fib's levels.
Thus I will use them as my targets.

Comment:
I must say that side moving channel can continue for some days or it can end tomorrow, Who knows.
Comment:
OK, the channel is broken down and all the time strong support line is broken to. ADA goes down more.
Next support zone can be 1700-1650.


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