Currency_

ADA 4H Chart - Potentially may move down in the short-term.

Short
Currency_ Mis à jour   
BITTREX:ADAUSD   Cardano
ADA currently in a 4H downtrend.
We may push to the downside again to re-test around the $1.05 level if the downtrend isn't broken from here. If $1.05 support is broken, $0.95 or even $0.80 is a possibility.
Commentaire:
ADA has now broken and closed above the red uptrend line & $1.16 resistance level. I'm bullish from here now. Next target is $1.25 and looking for a break of that resistance.
Commentaire:
^ red downtrend line*
Commentaire:
Update Mar 7th 2021: Still quite bullish from here. We've broken out of the 1H/4H downtrend, now we're currently holding above a 4H/Daily uptrend. If we break and close below this uptrend I see price going to around $0.80.

But for now I'm bullish.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.