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 ;)
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.