nautyblu

ADAUSD double HAMMER and BULLS pressure !!

Long
nautyblu Updated   
KRAKEN:ADAUSD   Cardano
Dear traders,

today it seems that the bulls are taking over but we have to wait for the daily close:

  • First step: If another HAMMER is printed beside that of yesterday we can reach the 1.8$ resistance zone,

Second step: in the follows wait for a break and volume confirmation to be sure that it will continue towards 2.35$

thanks for your reading and comments ;-)

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This is my view, not a trading advise, take care, do your research and put your stop loss.
Comment:
Now we see if the price closes above the second hammer formed yesterday we can expect a further rise.
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