CardanoLong
Bullish ADA Cardano
Good Afternoon,
This is a short idea, I've essentially identified a symmetrical triangle forming on the 1Hr post-drop,
I do believe we are bullish, as RSI is showing oversold, and we found solid support along our $2 Support
Structure, I see $3 even as our most important resistance and I expect Crypto as a whole is going to
be very violent this week, giving us heavy volatility, and hopefully will assist in large moves through our
upward resistance.
Best of luck,
Spence
This is a short idea, I've essentially identified a symmetrical triangle forming on the 1Hr post-drop,
I do believe we are bullish, as RSI is showing oversold, and we found solid support along our $2 Support
Structure, I see $3 even as our most important resistance and I expect Crypto as a whole is going to
be very violent this week, giving us heavy volatility, and hopefully will assist in large moves through our
upward resistance.
Best of luck,
Spence
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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.