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ADA, sell for profits, get back in.

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Cardano (KRAKEN:ADAUSD)  
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Trend Analysis Chart Patterns Beyond Technical Analysis ADA adausd cardano CARDANOADA cardanousd cardanobtc short
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trendanalysis chartpattern beyondta ada adausd cardano cardanoada cardanousd cardanobtc short
If you bought at $0.044-48, you enjoyed at least 5% profit. It seems like the steam has slowed and ADA could be coming in for a little break which may see the price back towards $0.047, which would be another good entry point. The lows have been only getting higher since late August. So, the movement upward will continue back to $0.08, or higher.

Reasons for short
  • RSI is high.
  • MACD shows a peaking.

Targets
  • $0.047 - $0.048
Komen:
ADA heading to below $0.04
Penafian

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.