ADA/BTC is showing a bullish divergence on the 4-hour RSI. Price was dropping as the RSI was moving upwards making a higher low, could be a sign of a potential bullish move soon. However, there is a bunch of uncertainty given the USDT issues and the massive premium for Bitcoin on tether-based exchanges relative to the fiat-based exchanges, so keep that in mind that this is a higher risk trade and that it wouldn't take much to send the whole market reeling.
Entry: 1110-1135
Target 1: 1200
Target 2: 1230
Target 3: 1290
Stop-loss: 1080-1090.
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
Entry: 1110-1135
Target 1: 1200
Target 2: 1230
Target 3: 1290
Stop-loss: 1080-1090.
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
Nota
Haven't seen a ton of crazy price action on ADA yet. 4-hour Stochastic is nearing over-bought/over-extended levels, and the 4-hour RSI and CMF are showing signs of downward movement. I don't think it will be anything crazy, but it might give those who missed getting in on ADA previously a chance to do so.Nota
Came within 3 sat’s of target 1. Looking strong if the momentum can keep up!Nota
Target 1 at 1200 sat’s has been hit!
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
FTX US: ftx.us/
Sign up for Binance US here: binance.us/?ref=35000668
Sign up for Binance US here: binance.us/?ref=35000668
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.