Hi, friends! Cardano(ADA) are so far from it`s ATH as BTC and many other altcoins. At the volume indicators we see how some buyers continue the accumulation of ADA. It`s the first sign of bullish strength.
📊What scenario we should expect for ADA:
1. squeeze under the trendline
2. false breakout of the previous lows $0.42
3. volume growth as confirmation of buyers
The targets in many ways depends on BTC growth. If BTC starts to pump ADA can reach all the value areas:
🔶 $0.51-0.52
🔶 $0.55-0.57
🔶 $0.62-0.64
Additionally, i expect the second scenario without the liquidity collection. So pay your attention to the trendline breakout. Before it the volume indicator also show tha the buyer start accumulate the longs.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊What scenario we should expect for ADA:
1. squeeze under the trendline
2. false breakout of the previous lows $0.42
3. volume growth as confirmation of buyers
The targets in many ways depends on BTC growth. If BTC starts to pump ADA can reach all the value areas:
🔶 $0.51-0.52
🔶 $0.55-0.57
🔶 $0.62-0.64
Additionally, i expect the second scenario without the liquidity collection. So pay your attention to the trendline breakout. Before it the volume indicator also show tha the buyer start accumulate the longs.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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TG channel with all updates t.me/+ICrmLIneDmRiYjIy
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Join our copy service -
FREE trial
👇👇
bikotrading.short.gy/biko_copi
TG channel with all updates t.me/+ICrmLIneDmRiYjIy
FREE trial
👇👇
bikotrading.short.gy/biko_copi
TG channel with all updates t.me/+ICrmLIneDmRiYjIy
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.