Looking good for a push through previous resistance at the last HH, MACD also about to cross think we will see a push through. Looking forward to Shelly coming through also. Are many of you planning on staking your coins?
You can see the first bear cycle. Was different than the second bear cycle. 2nd was weaker and slower. It's a newer coin so struggling to find it's value but now that it's on BInance as a direct usdt buy, think we'll be seeing new highs within 2 months.
At the current level for ADA, it looks to be moving towards those $0.38 levels and will likely touch that point. Will it continue to surge past those levels or retreat? That all depends on the overall performance of the crypto market. If it does surpass those levels and retests $0.38 as a support zone, then $0.43 is the next target. If $0.38 is tested and...
See the circled areas. Updated from my previous 30 minute chart.
-Trouble at resistance
-MACD histogram starting to show bearish divergence, MACD blue line curling down.
-RSI beginning to possibly form a descending triangle
-Chart forming an ascending wedge (bearish reversal)
I circled the areas in question.
ROOKIE trader; Follow at your own risk!
This is only my 2nd posted chart. Just practicing and seeing what the community thinks. I noticed the decending wedge for Cardano the last couple of days and I thought it would breakout soon. It did. Now I have provided trend lines for the current bullish push through the channel. Thoughts, suggestions, and education would be very helpful and appreciated! :)...
I dragged Flexible Volume profile from LOW to HIGH. On th side way price action you can see very strong buying activity and now i waiting for pullback on significant volume cluster. Because strong volume cluster is MAGNET for the market. I use my 2.setup - TREND SETUP. For more my setups watch my FREE VOLUME WEBINAR.
Que opinan de este conteo? Yo opero ada contra usdt ya que en binance nos dieron esa posiblidad, despues de la subida que tuvo de un 165 % la correcion podria llegar hasta los 0.28 para despues retomar la senda alcista y buscar los 0.48 (target que saco de la profundidad de la taza con mango que se dibuja en la grafica)
Corrijanme si estoy equivocado :)...