Cardano is Bullish
As we can see, the moving average from ATL to current lows is now 100% higher from December 18' lows. This new breakout is the start of a new bullrun. There is PLENTY of room on the MACD and as you can see from the RSI of April 19', there is plenty of room going up from here.
It is unlikely that ADA will return to lows of $0.043-47, and will remain above $0.048 from here on out, unless Bitcoin crashes or some external event influences the crypto market.
Buy-in: $0.048-0.050
Sell: $0.08-0.10
Look at the last sell off and bull run. They are exactly the same trends and moves.
It is unlikely that ADA will return to lows of $0.043-47, and will remain above $0.048 from here on out, unless Bitcoin crashes or some external event influences the crypto market.
Buy-in: $0.048-0.050
Sell: $0.08-0.10
Look at the last sell off and bull run. They are exactly the same trends and moves.
Note
Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee that Verge will breakout. This analysis is based on past events and indicators.Note
Disclaimer: ADA not Verge*Order cancelled
ADA will follow Bitcoin in this down trend. Sell off target $0.038 or lower
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.
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.