CARDANO (ADA/USD) - Breakout From The Triangle
Updated
Hey!
The cleanest way to the higher levels is on the ADA chart.
It has made a breakout from the triangle and it has slowly drifted above the EMA100 on the Daily chart.
A perfect spot to jump in would be the retest area but You have to look at BTC chart also:
...if the BTC price falls lower than the black trendline (counter trendline) and it falls into the red area then this idea is also invalid!
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
The cleanest way to the higher levels is on the ADA chart.
It has made a breakout from the triangle and it has slowly drifted above the EMA100 on the Daily chart.
A perfect spot to jump in would be the retest area but You have to look at BTC chart also:
...if the BTC price falls lower than the black trendline (counter trendline) and it falls into the red area then this idea is also invalid!
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comment
Looks like it is ready to go higher levels, now we need a confirmation from BTC, it has to break above those patterns what I mentioned in my BTC analysis update section.So far it looks great!
Comment
ADA approaching the first target area:Trade closed: target reached
+22% profit, very nice and clean trade!
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