CardanoDiupdate ADA: Bullish 🐂 or Bearish🐻 Scenario?
A few scenarios can play out for ADA (a lot will depend on Bitcoin's movement):
Bullish Scenario #1: ADA breaks upward past local resistance.
Bullish Scenario #2: If ADA successfully breaks the local resistance, it will need to contest the major downtrend line. If that breaks upward, ADA will attempt to re-test previous ATH around $3.
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Bearish Scenario #1: Current triangle breaks down and moves sideways within the local support zone.
Bearish Scenario #2: If local support breaks, major support will be tested around $2.
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This is not financial advice. These are just my ideas and opinions.
Bullish Scenario #1: ADA breaks upward past local resistance.
Bullish Scenario #2: If ADA successfully breaks the local resistance, it will need to contest the major downtrend line. If that breaks upward, ADA will attempt to re-test previous ATH around $3.
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Bearish Scenario #1: Current triangle breaks down and moves sideways within the local support zone.
Bearish Scenario #2: If local support breaks, major support will be tested around $2.
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This is not financial advice. These are just my ideas and opinions.
Catatan
ADA broke through local resistance!Catatan
Bitcoin just had a Golden Cross.Catatan
ADA is once again trading at local support which has held several times now.Catatan
Major Support area in play right now.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.