harisonhbn9718

ADA/USD: Break-Out downtrend

Long
BINANCE:ADAUSD   Cardano
This it's my update in H4 timeframe. So, you can to entry to long position in ADA put the market price now, and SL at $2.10 USD. This it's the break out of this downtrend that we formed in these past days, but now, I like more the Daily timeframe as I look a bullish perspective that Cardano will recover levels over $2.30 USD in the next movement. So, I have 2 important resistance that we should to break up. The resistance #1 it's $2.579 USD and resistance #2 it's $2.809 USD. Now, I look that Cardano has a support at $2.178 USD and bulls defend Cardano over $2 USD.


This it's the Daily panoramic. As we closed up yesterday with a bullish candlestick signal. Cardano will run in this rally toward $3 USD and we explode soon.

Now, I found out an interesting trade in Ethereum Classic that in some minutes I wiil going to watch now, Ethereum Classic it's showing us an interesting trade than others cryptocurrencies. But, I make this analysis for you if you want or know the situation of ADA.
Comment:

Cardano stil bullish

New Update!!!

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.