ADA looks very strong against BTC
Updated
I really like what I see on ADA's BTC chart. There are a lot of reasons to be bullish:
1) Bullish breakout of the purple falling wedge
2) Breaking back above very strong, long-term support
3) Breaking 60 on the daily RSI
4) Breaking above the zero line on the daily MACD
I'm long here
1) Bullish breakout of the purple falling wedge
2) Breaking back above very strong, long-term support
3) Breaking 60 on the daily RSI
4) Breaking above the zero line on the daily MACD
I'm long here
Note
Cardano's Vasil Hard Fork set to occur on June 29th. Hard forks tend to drive prices up.Note
Vasil Hard Fork delayed one month for more testingcryptoglobe.com/latest/2022/06/ada-cardanos-vasil-hard-fork-partly-delayed-because-of-terras-collapse-hoskin-says/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.