Oussama_Chakir

ADA long term prediction.

Long
KRAKEN:ADAUSD   Cardano
Hi dear traders,

It's been a while since I published my ideas about the market, today I am sharing with you my idea on ADAUSD which is a solid and evolving project that I very much appreciated.

My analysis is mainly based on the blue corridor which shows a moderate bullish trend, but also on the volume which is starting to tighten more and more. This shows that the ADAUSD is going slowly but surely exceeded 3 dollars.

My analysis is also based on the Hull Moving average which presents us with an increase and as a result there will be a sharp drop in price, which will seek to touch the line of the shoulders as it is shown on the graph and then rise and fall. between the supports and the resistance until it reaches the goal of 3 dollars.

WARNING : This is not investment advice !

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