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rajambzub
Sep 4, 2020 12:39 AM

ADA keeping its uptrend intact - Long Cardano (ADA) Long

Cardano / US DollarBinance

Description

It seems like ADA is ready to jump off its trend line. There's a nice support-test-bounce off the ADA/BTC pair as well. Coinbase listing is pending too.
Comments
naynay447
The RSI is finally coming down towards 30 on the daily (first time since about March 18th), so hopefully the bounce is soon; however, I worry about it going below 0.08. I found it intriguing how -- when alts started to lose 10-12 percent a day and bounce back -- Cardano would lose like 3-5 percent for 3-4 times as long. It holds very true to short-term indicators, and -- because it is a day-trader's dream chart (once you are down in the minutes) -- I feel like that is why this one has seemed to behave differently. IMO: I am bullish long-term, but I think it has short-term downside that has more to do with in-the-moment RSI/MACD than it's rise off of March's candles. And, I believed with everything in me that the Shelley release would get Cardano on Coinbase ... I am sincerely disappointed that it has taken them so long to get a solid project on their silly app. Lol, at this point the coinbase news will just get us back to where it should have been: a price we have already seen.
alejandro305
No head and shoulders
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