Cardano Perpetual Futures

ADA about to take off soon?

65
1W/1D Charts

I think ADA looks good here, back into weekly demand level with high volume bottom tapping and rejecting from the $0.90 level with a big rejection wick. MACD on weekly starting to converge and with bullish divergence on daily MACD forming too.

Last ATH put in a new HH and so far as long as this zone is respected id favour momentum to the upside.

On the daily we have put in a HH and the last daily supply level has failed. Signs of a reversal are showing imo, time will tell.

Good level to DCA at anywhere around $1 mark, use a SL and protect your capital.

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