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entertheroach
Jan 8, 2021 4:03 PM

Possible opportunities to accumulate more ADA at a cheaper price Long

Cardano / US DollarBinance

Description

Looks like ADA is in a possible bullish flag on the 1hr chart. Looks like there might be 4 possible opportunities to accumulate more ADA. if your waiting for confirmation of a renewed uptrend on the 1hr chart then you will need to wait for the Ichimoku Cloud Conversion Line (Blue Line) to cross back over the Ichimoku Cloud Base Line (Orange Line). Remember that ADA is still in a longterm uptrend so dips back for the short-term should be expected and used to accumulate more for your portfolio. Good luck. 👍
Comments
HHSPN
Thanks for sharing. When you load new bars only the candles are updated, the Ichomoku Lines are not updated in the post. Is it possible to update the chart to that indicator also load?
entertheroach
@HHSPN, I think its a TradingView issue, it looks like it just take a screen shot of the indicators and only provides updates for the price action of the Candles. At the moment of typing this, The price action is still within the cloud. The Conversion Line (Blue) has turned upwards so we will have to see if this is the bottom and if it will cross back over the Base Line (Orange) to indicate a new upward momentum. At the moment, it is still testing its Bollinger Bands lower support. I hope this is helpful.
HHSPN
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