ada analysisThis analysis is valid as long as the $ 1.5 ceiling is not broken
You can buy whenever the price reaches the blue range
Target = Green Line
Adabuy
ADA in in next 48hrADA wait for new flying from BTC - if BTC do not grows in next 48 Hours - ADA can return to 1$
ADAUSDT: Possible Short (13.10.2020)On D1, the price moves to the 38.2% Fibonacci level on a logarithmic scale. RSI is near the overbought level.
On H4, a movement has formed between the price and the RSI. Moreover, the RSI is at the overbought level.
We recommend selling ADAUSDT when the price will be broken the downward trend line on H4.
Cardano (ADA): Analysis using Ichimoku 13/06/2020H4
The price is trading below the Ichimoku cloud, indicating a possible end to the upward movement of correlation. RSI has reached oversold levels. Also, between the price and the RSI, convergence was formed. Fibonacci level of 61.8% was tested.
Conclusion:
We recommend buying at the current price, as many indicators indicate completion of correction on H4.
H1
The price is trading in the Ichimoku cloud and above the Fibonacci level of 23.6%. RSI is in an undefined state.
Conclusion:
We recommend buying when the RSI reaches the oversold level, as well as from the Fibonacci level of 38.2%.
Good luck!
