CADCHF May Continue to Push Upward Previous day 50EMA break 50EMA > 100EMA > 200EMA Weekly time frame also bullish Stop Loss - set to previous day low (lower blue line) Target Price - Higher blue line Entry - BUY @ previous day high Risk: 1-2%
Think Longterm: First and foremost, ADA is still in a longterm uptrend. From the 12th March 2020 to 27th July 2020, ADA did a 911% rise from $0.017 to $0.172. From the 24th September 2020 to 27th February 2021, ADA did a 1940% rise from $0.075 to $1.54. Obviously this is ignoring consolidation periods & dips in those moves so i'm just taking the full bottom...
** 50 EMA retest & MACD Bullish Cross : bull market indication ** As you can see on the chart, the price action retests the 50 EMA three times on the daily timeframe (28 Jan, 28 Feb, 25 Mar). The corresponding RSI crossing the 50 level indicates the price is in an uptrend. The ensuing MACD bullish cross corresponding to the three instances mentioned above might...
AMB forming a second pennant, looks like it could break out and head to 3.6, high of 3.9 -4 sats, loving this play