Cardano (ADABTC) is showing a very strong bounce after hitting EMA50, the retrace might be over.
Notice the low volume as the prices drop and the increase in volume as prices bounce back up.
The green volume bars are much bigger, the bulls are still around.
The MACD went below zero and is now starting to curve up.
The RSI already moved back above 50 and is now looking strong.
ADABTC can resume growing here, the next target is marked on the chart.
Note: Moving and close below EMA10 daily would lower the bullish strength we are currently seeing on this chart.
Thanks a lot for reading.
Namaste.
Notice the low volume as the prices drop and the increase in volume as prices bounce back up.
The green volume bars are much bigger, the bulls are still around.
The MACD went below zero and is now starting to curve up.
The RSI already moved back above 50 and is now looking strong.
ADABTC can resume growing here, the next target is marked on the chart.
Note: Moving and close below EMA10 daily would lower the bullish strength we are currently seeing on this chart.
Thanks a lot for reading.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.