CARDANO/ADA FUTURESIm expecting price to go lower for DIscount zone.
Not a financial advice, trade base on your own decissions
COme and check me out for more ..
Cardanoadaanalysis
ADA Breakout Imminent Keep An Eye On ItADA has been holding the 2 dollar support pretty well. Depending on how BTC is doing, it could soon break the trendline. Next targets can be 2.31, 2.44, and 2.80. This is not a financial advise but a mere opinion.
ADAUSD - Bullish
Resistance levels: $0.080, $0.090, $0.100
Support levels: $0.030, $0.020, $0.010
The price of Cardano is now in a bullish trend; as the crypto's price broke the 12-day EMA and the 26-day EMA. Yesterday, December 19, the price of Cardano made a pullback after it was resisted at the $0.035 price level. The crypto's price is expected at the $0.045 price level but it may face resistance at the $0.040 and $0.044 price levels.
If the price fails to break the resistance level at $0.040, the crypto will find support at the $0.030 price level. However, if the bears break the $0.030 price level, the crypto will resume its downtrend. The Stochastic indicator is out of the oversold region and it is approaching the range above 40%. This indicates that the price of Cardano has a bullish momentum and a buy signal.
