Cardano / TetherUS
Long

#ADA/USDT

206
#ADA

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.7200.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 Moving Average.

Entry price: 0.7358
First target: 0.7510
Second target: 0.7700
Third target: 0.7946

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.