Get started
Noob_Indicators

Cardano/USDT - Its time to see if we can break the resistance!

Cardano / TetherUS (BINANCE:ADAUSDT)  
Noob_Indicators  
BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Chart Patterns Technical Indicators cardano Technical Analysis Bullish Patterns fundamental-analysis binance
3
1
trendanalysis chartpattern indicator cardano technicalanalysis bullish fundamental-analysis binance
ADAUSDT

Hi all,

This is my first Technical Analysis and I am still learning, I would really appreciate feedbacks and if something is fundamentally wrong in my analysis.

  • * I see that we are trying to get back above the trend line, and I see that as a bullish sign but in order to go higher we will need to break the resistance at 1.39.
    * We have been rejected from that point at-least 4 times in future, and the last time we broke it we went to all time high.
    * if we are unable to get above the trend-line, we might go back RED and test the strong support at around 1.01-1.09 range.

Happy trading ! I believe in Cardano

PS: this is not a financial advice, I am just trying to learn and contribute

Related Ideas

Noob_Indicators
ADA, most likely a pullback
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.