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EMA34TRADER
Jan 28, 2021 6:00 AM

ADA buy signal and hopefully this is the start of something big! Long

Cardano / U. S. DollarKraken

Description

4hr charts look good with a nice buy signal. Next resistance is $0.334 and then $0.35 and next is $0.37, lots of extension levels to break through, but this is looking good.

*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this post, so do not make your trading or investing decisions based on this post and chart alone. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
Comments
Najah000
how much u think it could reach by end of week ?
EMA34TRADER
@Najah000, I think we will bounce around <0.40c level for next couple of weeks and I dont anticipate any major movements until late Feb where it could go up very fast to $1+ levels when more details are released on smart contracts. I would rather be in now vs waiting for news and trying to time when the run will start, as when the news is released then this will go up very fast.
Tolberti
Nice analysis. As predicted.
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