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nautyblu
Apr 13, 2021 7:31 AM

ADAUSD next bullish wave! Long

Cardano / U. S. DollarKraken

Description

Dear traders,

here an idea on the next bullish wave of ADAUSD. If the price break the upper bound of the range at 1.49, it will probably follow up to 1.98-2 and then to 2.70 roughly.
This comes from repeating a previous pattern driven by FOMO.

thanks for your comments ;-)



Discalmer
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This represents a personal idea to share with you. Don't take it as financial advise.
Stay safe and trade carefully with a good money management!

Comments
tonyelmas
You are legend
SuperMario4
super weak break out, after 2 months of consolidation, this is not impressive at all lol
nautyblu
@SuperMario4, In crypto we get used to big moves every day, I didn't mean an "impressive" move. Let's see, Thanks for your comment! ;-)
SuperMario4
@nautyblu, that is true we are spoiled.
SuperMario4
@nautyblu, but honestly, volume is non-existent compared to previous rises in price of earlier in the year, we need a massive spike to shoot through 1.50, that's what i'd like to see as a confirmation that there are actual buyers, and not just a 'lifting of all boats' by Bitcoin
HHSPN
@SuperMario4, is it possible that most $$ are spent on BTC now, once it plateaus or dips money/volume will flow to Alt coins.
SuperMario4
@HHSPN, yes you are right, it's grinding away and pushing hard now, not a spike, but its chomping through the resistance, this might be better, less volatilty
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