A Quick ADA Daily Chart Update:
ADA is safely in the Bullish Zone of the Ichimoku Cloud.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards.
The Ichimoku Cloud BaseLine (Kijun Sen) is indicating mid-term momentum is sideways.
ADA is well above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen)
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards.
ADA is safely above is 50EMA.
ADA is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
ADA looks to be potentially walking the Bollinger Bands Upper Band upwards.
The ADX DI is indicating a strong trend with the ADX (Yellow Line) at 30 above its 9 Period EMA which is at 26.5. The +DI (Green Line) is at 21.3 above its -DI (Red Line) which is at 8.1.
The Chaikin Money Flow (CMF) is indicating accumulation has increased with the CMF (Green Line) at 0.23.
Next stop….. The Pitchfork Median Line 💪.
We should be prepared for quite a bit of resistance at the Pitchfork Median Line.
Well done to everyone who believed in ADA and have made it this far. Remember we are still very early investors with the future crypto giant, and the future look very bright for Cardano (ADA) 💪.
I hope this is helpful with your trading and hodl-ing 🔥🚀🌍🌔🪐🛸👽
ADA is safely in the Bullish Zone of the Ichimoku Cloud.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards.
The Ichimoku Cloud BaseLine (Kijun Sen) is indicating mid-term momentum is sideways.
ADA is well above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen)
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards.
ADA is safely above is 50EMA.
ADA is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
ADA looks to be potentially walking the Bollinger Bands Upper Band upwards.
The ADX DI is indicating a strong trend with the ADX (Yellow Line) at 30 above its 9 Period EMA which is at 26.5. The +DI (Green Line) is at 21.3 above its -DI (Red Line) which is at 8.1.
The Chaikin Money Flow (CMF) is indicating accumulation has increased with the CMF (Green Line) at 0.23.
Next stop….. The Pitchfork Median Line 💪.
We should be prepared for quite a bit of resistance at the Pitchfork Median Line.
Well done to everyone who believed in ADA and have made it this far. Remember we are still very early investors with the future crypto giant, and the future look very bright for Cardano (ADA) 💪.
I hope this is helpful with your trading and hodl-ing 🔥🚀🌍🌔🪐🛸👽
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Chaikin Money Flow (CMF)
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ADX DI
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Note that the Ichimoku Cloud Lagging Span (Chikou Span) is a fast reacting indicator, so it turned sideways on my screenshot, but it is actually now upwards at the moment of typing this. 👍
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The Pitchfork Median Line (White Dashed Line) is getting worried 😜 👍