ADA/USD - Apex about to break! Can it pump?
This week, Cardano saw a major attempt to break above the descending triangle but was swiftly rejected at the resistance at $2.1. The price was then pushed back to the support level just above $1.9.
In the next few days, ADA seems likely to continue to bounce between these two key levels before a resolution is reached and it breaks above the triangle.
Because of this price action, ADA’s indicators are looking rather flat on most timeframes, but we have some early signs it can turn bullish, stay tuned.
Profits are made in trending markets, so wait for a break. When there is no trend in the market, trying to force one can lead to significant losses.
Like and follow if you liked my idea!
In the next few days, ADA seems likely to continue to bounce between these two key levels before a resolution is reached and it breaks above the triangle.
Because of this price action, ADA’s indicators are looking rather flat on most timeframes, but we have some early signs it can turn bullish, stay tuned.
Profits are made in trending markets, so wait for a break. When there is no trend in the market, trying to force one can lead to significant losses.
Like and follow if you liked my idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。