WyckoffMode

ADAUSD: 85 Cents Currently Acting as Resistance Next 60 Hours

WyckoffMode Updated   
BINANCE:ADAUSD   Cardano
Hi Everyone! It appears we have a chance to continue slowly going up to $0.835 to $0.855 cents over the next 48 to 60 hours. We need to see if the Blue LSMA in the 24-hour can manage to make it above Level 30 before we know if we can continue going higher to the Yellow B-Band Basis in the 24-hour to around $0.90 Cents. This may take 48 to 60 hours before we get more information about the Blue LSMA in the 24-hour time frame.

Happy Trading and Stay Awesome!

David
Comment:
UPDATE:

Comment:
UPDATE:

REMINDER: The Red RSI is still very low in the 2-Day and 3-Day time frames; implying the White Lower B-Band in the 2-Day and 3-Day time frames may act as "resistance" a while. The White Lower in the 2-Day is currently at $0.834. I mentioned in the video that we could go up potentially to $0.835 to $0.855 to find resistance.

Comment:
UPDATE:

ADAUSDT: We are looking at $0.45 cents to $0.50 cents target range:
Comment:
UPDATE:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.