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Caradanoprice

Let´s go, CardanoIn this chart you can find the reasons, why I think that Cardano will move soon. We built up a bottom trendline over the last couple of days. If we clone this trendline and put it on top of the last high, we can see, that the resulting channel would meet almost perfectly with a former high trendline (orange upper line) to build a double top. We could also breakout below the lower purple trendline and continue the downtrend, but because of the hidden bullish divergence, a Doji candle and higher lows I´m more bullish than bearish. For trend confirmation it´s recommended to wait until the dotted purple line will break or until a candle fully closes beneath lower purple trendline. But you should also be careful for fake-breakouts below the lower trendline, since market makers often times know where people will enter their trades and where they set their stops. My stop is at 1170 sat. This is no trading advice and these are just my thoughts. It´s a high risk scenario, since we are in an overall sideways market with low volume. In these markets you should set your S/L very tight because price can jump very quickly if market makers enter.
Long
by Tylax-Finances
3
ADA ANOTHER OPPORTUNITY!ADA/BTC LETS GO 0.00003 BTC!Ada has been one of the easiest top altcoins to make short time profit lately it has been playing between its supports and resistance every other day where we can make our short-term 5-10 % profit. However after the spike to 0.000026 BTC price level we have been seeing Ada getting dumped and dumped and we had retracement trend which we broke by making a reversal from a support and know we are fighting our resistances. We can see that twist in Stoch going to oversold area this are short term resistances and may be targets for some but my targets are higher than this. I will start short term targets or resistances too on my trades for alts it is just that for me and my members we have long term HODL targets due to where the market is now. Thank you and peace! Ashanti! Good Luck, Traders! #moon #mooncommunity
by farhadjafarov7