According to the chart, the downtrend line is broken and is now in the drawn uptrend channel Good luck and profitable.
ADA rejected the 20-day moving average, dropping from it. And it is currently in the SMA50 days, trying to break it down, however there is strong demand in the area of this, taking it up instantly after its fall from 0.9 to 1.1 in a matter of hours. Reflecting that this point is being strongly supported by the bulls If the bulls manage to raise the price...
Pattern showing possible long entry in the near future (1d20h). BTC and ETH are low, there might be a rally pulling some money from higher risk crypto like Cardano. The break out can happen at any time so be ready.
ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay...
Seeing BTC hitting 28k with such a high dominance is making me believe more on the opportunities on the alt side. ADA is in the top of the list in terms of project, will it be in the top for earnings as well?
Since there are 3 BUY signals are present, I'm BULLISH. So, if you are holding ADAUP, do not hurry to sell. You can wait for Engineeringrobo's sell signals to be present or you can sell at the resistance level to take profit (4.24). Also, if you haven't bought yet, you can buy when candles open-close above the resistance level (4.24) or you can buy at the...
Buy this coin when it totally above the down trend line or Try to catch another EngineeringRobo' s buy signal after buying this coin watch carefully EngineeringRobo' s sell signal in 24 hours If you hold this coin don't hurry to sell it ,you can sell it when it hits the down trend line or Try to catch EngineeringRobo ' s sell signal or Find your potential...