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Nutty_Trader
Jan 6, 2022 6:38 PM

ADA Bullish Divergence 

Cardano / United States DollarCoinbase

Description

ADA has formed some bullish divergence. If we see a bounce to the upside from here there is resistance at 1.45. There is even stronger resistance around 1.80. If the market as a whole continues to slide ADA would most likely find strong support between 1.00 - 1.05. If it were to reach that area it would be a great time to enter a position for a potential 40% gain.

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Comments
drindrin
Thank you for sharing :)

Could you please do same analysis for Ankr? Like ADA it has potencial to rise like a rocket 100% within few (green BTC) hours while BTC and ETH/ BTC are failing (26 Nov).

On the one side, after BTC drops to 40K it could rise to 0.21 and settle higher at 0.14-0.15 (before going to 0.5)- this are just my ideas. On the other side, BTC.D can go upwards while BTC will drop to 30K= bloodbath for altcoins. (Like two days ego. Also now it goes upwards when BTC drops.)

Do you think it will go higher (like to 0.21) after BTC reach 40K or rather later after BTC 30K? (Everybody says after 30K we go much lower, but there must be any time the (final) altseason.) The question is when to buy it. At which lowest price. (Any idea for finding a strong support like for ADA?).
drindrin
@drindrin, Do you think it could go down from the ascending triangle?
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