Cardano Rests On Support | I Am Extremely Bullish
In my previous post about
ADABTC
, I mentioned that Cardano came down to the support zone for the first time since september 2018. At that point, the price just came down to support an made a slight recovery from it.
The week has passed and this week is also coming to an end and Cardano is still resting on support which is extremely bullish. Right now we can see the 21 EMA (the white line) come up. In the history of cardano, the ema provided the currency with support and resistance. So what i would like to see is that the price would come down to the ema which at that point is in the green support zone. This would reinforce the idea that Cardano would go up from here.
To summarize: I am extremely bullish on cardano. Cardano hit support for the first time since september 2018 and right now it is resting on it. We also have the 21 ema creeping up to provide more support for cardano.
ADABTC
, I mentioned that Cardano came down to the support zone for the first time since september 2018. At that point, the price just came down to support an made a slight recovery from it. The week has passed and this week is also coming to an end and Cardano is still resting on support which is extremely bullish. Right now we can see the 21 EMA (the white line) come up. In the history of cardano, the ema provided the currency with support and resistance. So what i would like to see is that the price would come down to the ema which at that point is in the green support zone. This would reinforce the idea that Cardano would go up from here.
To summarize: I am extremely bullish on cardano. Cardano hit support for the first time since september 2018 and right now it is resting on it. We also have the 21 ema creeping up to provide more support for cardano.