Get started
Cardano
Long

ADAUSD price target $26

By ProMak
Updated
ADAUSD is forming a parallel channel. There is a possibility that it will have blowoff top with a price target of $26 by July end 2021.
Note
Parabolic move
snapshot
Note
The parabola acts as an exit criteria. If the ADA price reaches $10 and breaks below the parabola that is a good exit. And also the parabola acts as a stop loss.
Note
Projected path to $26.
snapshot
Trade active
Parable still in play.
snapshot
Note
Expected target date Aug 16th.
Trade closed: stop reached
ADAALTaltseasonaltseason2021cardanoCryptocurrencycryptotradingParallel Channel
ProMak
Also on:

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.