Long

Cardano (ADA) MACD Bullish Divergence Signal

Updated

Cardano (ADABTC) has been shaking, down, each time Bitcoin moves... Finally, we are seeing it going green with Bitcoin also green.

Let's have a look at the strong bullish divergence with the MACD.

See here:

In late August the MACD goes flat for ADABTC.
Yet, ADABTC is going on a strong correction at this time (lower lowers).
The MACD is also above the signal line with a green histogram.

When we look at the chart, we can see prices moving above EMA10 today and little volume... Other than the bullish divergence, these signals are still weak.

The RSI is looking "good" (40+) but needs yet to reach "strong" (50+)... So this is a work in progress yet, the bullish action is sure to come.

Namaste.

Note

Nice bullish breakout.
We are also active with 10X on ADABTC.

Note

Spot trade targets:
PERFECT HIT!
1) 0.00000850 |Hit 23-Nov. (+33%)

Leveraged trade targets:

1) 0.00000680 |Hit 21-Nov. (+67.5%)
2) 0.00000755 |Hit 21-Nov. (+185%)
3) 0.00000790 |Hit 22-Nov. (+240%)
4) 0.00000843 |Hit 23-Nov. (+323%)
5) 0.00000940
6: 0.00000999

AlanSantana

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