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Cardano / TetherUS
Long
Updated

ADA.USDT (Y20.P4.E1).Looking for the next long

461
Hi All,

Keeping this short with the following justifications:

a) On the Day Chart:LUCID SAR indicator along with the Phoeix indicator with downward pressure;

b) The current fib level of 0.5 has confluence with the 200 daily EMA. Looks like a bear flag at this level as well;

c) Stochastic still on the bottom along with the RSI ranging the bottom;

Still looking for the bottom is in;

Regards,
S.SAri

2 DAILY Chart:
snapshot

8 HRLY Chart:
snapshot

We have 2 levels as strong support or this band if you want to call it.
snapshot
Note
snapshot
Note
still downward pressure along with BTC
snapshot
Trade closed: target reached
Final chart update as there is now another post superseding this.
Bought in.
snapshot
snapshot
Note
ADA.USDT (Y20.P4.E2).Looking for the next long
ssari
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Also on:
ADAadausdADAUSDTcardanocardanousdChart PatternsTechnical IndicatorsTrend Analysis

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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.
ADAadausdADAUSDTcardanocardanousdChart PatternsTechnical IndicatorsTrend Analysis
ssari
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Also on:

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.