cybernetwork

Bullish short-term signals for ADA

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BINANCE:ADAUSDT   Cardano / TetherUS
See descriptions in chart.

Need to continue to monitor at higher time-frames to assess mid-to-long term trends.
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See my recent BTC dominance analysis:
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Also, see this chart that I had posted on the 8th Aug 19; analysis using my LIVIDITIUM dynamic levels.
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My earlier analysis on ADA. At the momentum, I believe chart switches to mid-term bullish if price manages to break up through the top resistance line as well. But need to reassess my PRISM, FUSIONGAPS, AND MAJESTIC oscillators when the time comes.
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Note: The previous ADA chart analysis just above was made on the 3rd Aug
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New stop-loss personally set at 0.0486 USD, just slightly below the 50 ema.
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Partially stopped out by a wick and need to re-enter! :(

Note to self: need to set stop-loss less conservatively in the future.
A more systematic way to determine suitable stop-losses is needed.
Perhaps using the AEONDRIFT stdev band at lower time frames might be helpful?

To KIV: Might work on and optimist parameters for a script specifically for this particular purpose in the future. :)
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Just made a script to help with the determination of suitable stop-limits, meant to be used in conjunction with trendlines, fibs, (Fast) LIVIDITIUM dynamic levels, etc.

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.