BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
The confluence zone is thick right at the double-bottom area. 0.027 - 0.03 is the perfect long setup for Cardano.
Coincidently the drop from current price 0.036 -> 0.03 is roughly ~20-30% which aligns well with the Bitcoin chart since Bitcoin next thick confluence zone is ~ 5600 which is also a ~20% drop.

So, with that said, Altcoins & Bitcoin are very likely to be near to the bottom so let's just wait for the trade to come right at us. It may has some weak short-term movements to the upside before the drop.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out