Following our 2-hour time-frame analysis published earlier...
...For the weekly analysis of ADAUSD we're using fibs.
See how the 0.236 fib level is very close to a strong horizontal resistance level (shown in red) at 35 cents.
That's a 170% gain from current price and there's barely any resistance in the chart to get there.
RSI is overbought however... so traders can expect a quick pullback. 11% down to the current new support level (shown in blue) to re-set RSI.
Then it's off to the races, with a 1000% target to reach back up to the previous All Time High.
...For the weekly analysis of ADAUSD we're using fibs.
See how the 0.236 fib level is very close to a strong horizontal resistance level (shown in red) at 35 cents.
That's a 170% gain from current price and there's barely any resistance in the chart to get there.
RSI is overbought however... so traders can expect a quick pullback. 11% down to the current new support level (shown in blue) to re-set RSI.
Then it's off to the races, with a 1000% target to reach back up to the previous All Time High.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.