There is a possibility for the beginning of an uptrend in ADABTC
Technical analysis:
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001090)
Ending of entry zone (0.00001000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free
. Cardano/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001090 to 0.00001000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001090)
Ending of entry zone (0.00001000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001210
TP2= @ 0.00001380
TP3= @ 0.00001510
TP4= @ 0.00001700
TP5= @ 0.00001900
TP6= @ 0.00002440
TP7= @ 0.00002800
TP8= @ 0.00004020
TP9= @ 0.00005000
TP10= @ 0.00005990
TP11= @ 0.00007395
TP12= @ 0.00009180
TP13= Free
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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