Cardano is bullish and in an upward channel. We have broken resistance at 1.34 and retested.
Steps to take:
1) Buy if Engineering Robo gives multiple buy signals OR at 1.338 support line
2) Sell if candle open/close below 1.338 support line
Steps to take:
1) Buy if Engineering Robo gives multiple buy signals OR at 1.338 support line
2) Sell if candle open/close below 1.338 support line
Note
Keep an eye on ADA over the weekend. If it has an open/close candle below horizontal support it's time to let it go for now.Note
ADA broke below its existing upward channel. It is holding on to support for now. We need a strong move toward resistance at $2.30 soon or it could turn bearish.
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.