MisterCatt

ADA/USDT Looks Bullish

BINANCE:ADAUSDT   Cardano / TetherUS

- ADA/USDT is looking to break out soon.. took a notice like ascending triangle looming on recent price movement. but if it do rejected from current resistance $ 0.1, there's 3 yellow up trendline to keep in mind for current bullish trend to keep continue.
- Using fibonacci golden ratio. see the chart for projection if it could breakout the resistance or if it fail to do so.
- If ADA/USDT breakout from $ 0.1, high probability ADA/BTC might get influence by this breakout too.


- DMI : +DI is above -DI is a good sign for bullish sign, while currently ADX (momentum strength) is still weak.
- MACD : macd line is still on bullish area and seller histogram is decreasing as it's made a higher low currently
- RSI : same thing with macd.. still hovering around neutral area while it's made a higher low.


Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.