Possible down trend for ADA
Here I have put some further analysis to my previous ideas regarding Cardano.
I believe the coin has a lot of technical strengths, however the trade volumes and RSI indicators do not show the market as being very strong. At this point I want to say that the market will fall to lower levels.
If the trend continues we may see ADA hit 2900sats as early as midnight tonight (GMT+10) or 2pm GMT on 22/04/10 or 24hrs after that on the upper trend side. You can see the Fib levels at which we have resistance and support. If we breach lower than 3050sats then I believe our next support will be 2800sats.
Failing that an upward break out may occur between now and 8pm 22/04/18 (GMT+10) or 10am GMT 22/04/18.
Either way presents opportunities for investors. Please set you buys and stop losses according to your own understandings.
I believe the coin has a lot of technical strengths, however the trade volumes and RSI indicators do not show the market as being very strong. At this point I want to say that the market will fall to lower levels.
If the trend continues we may see ADA hit 2900sats as early as midnight tonight (GMT+10) or 2pm GMT on 22/04/10 or 24hrs after that on the upper trend side. You can see the Fib levels at which we have resistance and support. If we breach lower than 3050sats then I believe our next support will be 2800sats.
Failing that an upward break out may occur between now and 8pm 22/04/18 (GMT+10) or 10am GMT 22/04/18.
Either way presents opportunities for investors. Please set you buys and stop losses according to your own understandings.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.