Hello fellow traders!
Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset.
On the weekly chart there are several indicators showing bullish momentum.
MFI- really oversold to the point where we really haven't seen these levels for quite some time.
RSI- Nice bounce off of a key support area
also we have a WEEKLY bullish engulfing candle, signifying that we might go higher.
please like if you enjoyed this content also not financial advice just my thoughts ;)
Today I am analyzing why I think using your ETH buying power into cardano might be a good move. I have previously posted a chart showing the oversold conditions of this asset.
On the weekly chart there are several indicators showing bullish momentum.
MFI- really oversold to the point where we really haven't seen these levels for quite some time.
RSI- Nice bounce off of a key support area
also we have a WEEKLY bullish engulfing candle, signifying that we might go higher.
please like if you enjoyed this content also not financial advice just my thoughts ;)
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。