Cardano (ADABTC) is now breaking out of a falling wedge, a classic bullish pattern.
Prices can easily continue higher now that ADABTC is back above EMA10 and EMA50, daily candle closure is needed for confirmation.
On the retrace, support was found around the 0.618 Fib. retracement level, usually a very strong level for a reversal to take place.
We stay bullish above EMA100/EMA10.
Remember to build your own plan before you trade.
Do your own research.
Namaste.
Prices can easily continue higher now that ADABTC is back above EMA10 and EMA50, daily candle closure is needed for confirmation.
On the retrace, support was found around the 0.618 Fib. retracement level, usually a very strong level for a reversal to take place.
We stay bullish above EMA100/EMA10.
Remember to build your own plan before you trade.
Do your own research.
Namaste.
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t.me/masteranandatrades/6499
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🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.