Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Structure
Ada is in a bulling ascending triangle, and with this structure it typically breaks to the upside about 70% of the time.
RSI
We can see we are breaking out higher level of the rsi price, so this can have the price of cardano move upward.
Price Discovery can create strong fomo, however please be careful we are getting a bit overextending so I would not use any leverage and I would be looking to take profit soon maybe around the 3.60 -3.80 mark!
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Structure
Ada is in a bulling ascending triangle, and with this structure it typically breaks to the upside about 70% of the time.
RSI
We can see we are breaking out higher level of the rsi price, so this can have the price of cardano move upward.
Price Discovery can create strong fomo, however please be careful we are getting a bit overextending so I would not use any leverage and I would be looking to take profit soon maybe around the 3.60 -3.80 mark!
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.