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theaamalieeide
Mar 7, 2021 12:29 PM

ITS TIME TO BUY. Long

Cardano / Tether USDKraken

Description

Glad to recieve additional thoughts.

Remember: indications showing bullish bias does not mean 100% certainty. Therefore we are waiting for confirmation indicating no further trend change. Example: The descending triangle could continue further.
Comments
theaamalieeide
I think you will be able to zoom in on the chart. To look for in proceding candles from this moment: Longwicked candle below the resistance of the tilted big rectangle at the same time support from the 50 EMA, then higher volume and a bigger green candle showing momentum.

I just realize i have written resistance when i meant some of the support levels.. haha. Hope its clear what i meant inn the chart anyways :)
theaamalieeide
Also, remember ADA/BTC chart is still moving in a descending triangle. When it breaks as well, it will indicate ADA accelerating its price-growth.
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