ADAUSDT
Cardano just did a new ALL TIME HIGH.
I'll make this short, there are 3 possibilities now:
1. Going up to the first resistance shown on chart, getting rejected to support and the bounce back up.
2. Going up the the second resistance.
3. Falling down to support for a strong bounce to the second resistance.
For all these scenarios, it needs to stay above resistance and the 1H - 4H Fib line and close the next 4H candlestick there.
Highest level of its Fib is also the EMA line on the Bollinger Band right now, so the odds of it getting bounced back up are very high.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
I'll make this short, there are 3 possibilities now:
1. Going up to the first resistance shown on chart, getting rejected to support and the bounce back up.
2. Going up the the second resistance.
3. Falling down to support for a strong bounce to the second resistance.
For all these scenarios, it needs to stay above resistance and the 1H - 4H Fib line and close the next 4H candlestick there.
Highest level of its Fib is also the EMA line on the Bollinger Band right now, so the odds of it getting bounced back up are very high.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Trade fechado: objetivo atingido
Amazing market.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.