Cardano Weekly, Going 100%+?

Here we have Cardano (ADABTC) on the weekly timeframe, 7 days per candle.

On the left side, we can see prices dropping when facing EMA50 (magenta line).

On the right side, we can see prices rising and moving above EMA50.

Closing above EMA50 this week (tomorrow), can lead to additional growth and the challenge of higher resistance levels.

Cardano (ADABTC) is set to continue growing.

Namaste.

Commentaire:

Previous trade ideas

Apr 3 | Cardano Can Jump Anytime Vs Bitcoin

Apr 18 | Cardano Head & Shoulders Pattern?

Commentaire:

Be careful on a weak close... Prices can retrace before more growth... (additional growth is possible on a strong close)