ADA / USDT
price show :
strong uptrend since beginning of february ..
Potenial ascending broadning wedge pattern
Previous resistance turned now support
Bulls should hold daily candles above trendline support or above 21MA and dont close below to keep continue up
Heres a quick look at ADA 1 hr chart. Looks like the price action is forming a bigger bull pennant which means potentially more upside to come. If it breaks out from pennant with good volume, we should expect a revisit to the previous ATH. And if ATH breaks we will be heading towards 1.7$!!
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So my friends (plural) that have just entered crypto told me that #ada #cardano is the future ... the best buy. So I am shorting this motherfucker here. Maybe we shall see more action on these levels, but this coin is going down hard. 3rd on coinmarketcap. The greatest joke after bitconnect. Rsi oversold on every level.
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Summary: The Overall bullish trend of ADAUSDT still intact. There is short term bearishness but not enough to invalidated this strong bull trend. In the weeks and months to come, crazy prices will rise soon.
The TA that I made last February 10, 2021 is still valid.
Here, is the TA based on Log...
Good day to all profit makers!
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- Consult the chart for more information.
- This is just my current idea.
- I am not a financial advisor and this is not financial advice!
- There is always a huge chance of different patterns taking...
Beautiful short to take. 10 to 15% move (more if you use leverage)
Target 1: 1.17 $
Target 2: 1.10 $
Target 3: 1.02 $
Stop loss : 1.2787 $
Also, I am not your financial advisor. Therefore, trade at your own risks ;)
along side BTC dips, lack of news on ADA makes people impatient on the long plan.
Some lines that where I would buy if I see $ADA go as low.
Possible bull if the lean resistance is broken, multiple time tested but fails