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Signal_Centre1
Sep 21, 2021 11:55 AM

ADA Buy a break setup. Long

Cardano / U. S. DollarKraken

Description

Cardano - Intraday - We look to Buy a break of 2.202 (stop at 2.132)

Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.

Our profit targets will be 2.398 and 2.448

Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900

Trade active

Comments
villarrealjuan0
My dumb ass changed my limit buy from $1.95 to $2.06 but now looking at taking profits at $2.21 yes I’m going short on this one lol the seeing a drop at $2.02 then boom hitting 2.60s
Sdlord
Nice, keep up the good work (and good news regarding ADA)
Do you have any prospect of a possible previous ATH (3$) anytime soon?
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