Cardano is strongly rejecting the 1.20 support. An area that also have confluence with a the orange trendline.
As we can see, there is a clearly Bullish RSI divergence. And RSI Divergence occurs when the price is making lower lows and the RSI is making higher lows, as depicted in the chart.
RSI Divergences can be combined with areas of support to decide entry on a trade.
Cardano is now trading arround 1.28. a 7% from our entry at 19.5.
Congrats to those of you that took that trade!
This is not financial advice, trade at your own risk.
As we can see, there is a clearly Bullish RSI divergence. And RSI Divergence occurs when the price is making lower lows and the RSI is making higher lows, as depicted in the chart.
RSI Divergences can be combined with areas of support to decide entry on a trade.
Cardano is now trading arround 1.28. a 7% from our entry at 19.5.
Congrats to those of you that took that trade!
This is not financial advice, trade at your own risk.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.