ADA 50-150 Bullish SMA Cross Impending
Cardano is about to experience a weekly 50-150 simple moving average cross. This is coming off the back of a strong week for the alt coin. The RSI is 60 at time of publishing. The token has corrected so far to the .236. Anything close to the 50 sma is a good buy for longs in my opinion.
Targets are market with green horizontal lines and are fib extensions from the previous high swing low.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
Targets are market with green horizontal lines and are fib extensions from the previous high swing low.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
Note
heres the developement near the weekly resistance of the price action. Looks like a bull flag is forming below resistance.
Note
ADA targets for breakout on the H4 Chart
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