Cardano (ADA) Bounces Off EMA50, Looks Good!
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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Related publications
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.
💥💥💥 90% OFF Available, All PREMIUM Channels (LIFETIME access) 👉 lamatrades.com (Since 2017)
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
Related publications
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.