Hi Guys 🍀
Cardano (ADA) has been bullish and passed many resistance levels. We are still waiting for this coin to confirm this breakout.
If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level. If you want to open long positions, wait for the price to confirm above the resistance level.
The resistance levels moved a little higher which shows that the market on ADA is strong.
If the price closes a 4H or 1D above the support level, then we can say it's a confirmed breakout.
And if you noticed, candles are push the BB higher which is a good bullish sign for your positions.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚
Cardano (ADA) has been bullish and passed many resistance levels. We are still waiting for this coin to confirm this breakout.
If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level. If you want to open long positions, wait for the price to confirm above the resistance level.
The resistance levels moved a little higher which shows that the market on ADA is strong.
If the price closes a 4H or 1D above the support level, then we can say it's a confirmed breakout.
And if you noticed, candles are push the BB higher which is a good bullish sign for your positions.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚