CardanoLong
ADAUSD 5/6/2021
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Finally, a legit breakout this time.
I bought some at $ 1.00. Just find your entries.
I made some revision on my Elliot Wave for this coin due to incomplete in the previous TA.
_______
Revised Elliot Wave
For this year 2021, most probable target is $ 20. The crazy one is $ 43.00. Other explanation is in the chart.
1M
Here, is the Complete Monthly Chart of ADAUSD. As you can see, a two months consolidation on a price range of $ 1.00 to $ 1.50. Right now, it’s making a breakout to the upside. First time for RSI to go and hold above RSI 70 level and even touching now at RSI 80 which is a very bullish sign. MACD shows intense buying pressure. Stoch RSI has potential bullish convergence.
1W
In the Chart.
1D
In the chart
4HR & 1HR
in the chart.
______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Finally, a legit breakout this time.
I bought some at $ 1.00. Just find your entries.
I made some revision on my Elliot Wave for this coin due to incomplete in the previous TA.
_______
Revised Elliot Wave
For this year 2021, most probable target is $ 20. The crazy one is $ 43.00. Other explanation is in the chart.
1M
Here, is the Complete Monthly Chart of ADAUSD. As you can see, a two months consolidation on a price range of $ 1.00 to $ 1.50. Right now, it’s making a breakout to the upside. First time for RSI to go and hold above RSI 70 level and even touching now at RSI 80 which is a very bullish sign. MACD shows intense buying pressure. Stoch RSI has potential bullish convergence.
1W
In the Chart.
1D
In the chart
4HR & 1HR
in the chart.
______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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.
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.