Movements for mid- to long-term trend reversal
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(ADABTC 1W chart)
In order to continue the uptrend, the price needs to be maintained at least above the HA-Low indicator.
I think that below 0.0000 1641 is a mid- to long-term investment area.
Therefore, the key is whether it can rise above 0.0000 1641 and above the HA-Low indicator.
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(ADAUSDT 1W Chart)
Since the HA-Low indicator is passing around 0.2974, if the price is maintained above this point, it is a mid- to long-term buying period from a trading perspective.
However, if it drops below 0.2974, that is, the HA-Low indicator, there is a possibility of renewing the recent low, so you need to think about countermeasures.
As the Bollinger Bands begin to contract, being able to keep the price above 0.2974 becomes more important.
(1D chart)
It can be seen that the highs and lows continued to decline, and the trend was broken after around December 30, 2022.
Therefore, if the current trend is maintained, it is expected to turn into an uptrend.
To do so, it is important to get support around 0.3206, the point of the HA-Low indicator.
If unsupported and falling,
1st: around 0.3032
2nd: 0.2524-0.2772
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
The question is whether it can rise above 0.3448 during the volatility period around March 22nd.
Mid-term and long-term trend reversal can take a long breath.
Therefore, those who want to buy ADA for next year's bull market can refer to this point and proceed with the purchase.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ADABTC 1W chart)
I think that below 0.0000 1641 is a mid- to long-term investment area.
Therefore, the key is whether it can rise above 0.0000 1641 and above the HA-Low indicator.
----------------------------------------
--------------------------------------------
(ADAUSDT 1W Chart)
However, if it drops below 0.2974, that is, the HA-Low indicator, there is a possibility of renewing the recent low, so you need to think about countermeasures.
As the Bollinger Bands begin to contract, being able to keep the price above 0.2974 becomes more important.
(1D chart)
It can be seen that the highs and lows continued to decline, and the trend was broken after around December 30, 2022.
Therefore, if the current trend is maintained, it is expected to turn into an uptrend.
To do so, it is important to get support around 0.3206, the point of the HA-Low indicator.
If unsupported and falling,
1st: around 0.3032
2nd: 0.2524-0.2772
You need to make sure that it is supported in the vicinity of the 1st and 2nd order.
The question is whether it can rise above 0.3448 during the volatility period around March 22nd.
Mid-term and long-term trend reversal can take a long breath.
Therefore, those who want to buy ADA for next year's bull market can refer to this point and proceed with the purchase.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Comment:
(DJEDUSDT chart)
Chart of stablecoins issued by Cardano (ADA).
Comment:
(ADAUSDT chart)
The key is whether it can get support around 0.3621-0.3819 and rise above 0.4080.
The 0.4080 point is the HA-Low indicator point on the 1M chart, so it is a highly likely point to start buying from a long-term perspective.
The 0.4080 point is the HA-Low indicator point on the 1M chart, so it is a highly likely point to start buying from a long-term perspective.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
