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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
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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

Idées en relation

Noob_Indicators
ADA, most likely a pullback
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