ADA, Ichimoku Clouds, Pitchfork, 200EMA and a Parabolic SAR

10 Okt 2020

My first post so it's just a simple chart but seems promising to me. If we look at the daily chart for ADA, ADA has managed to stay above its 200EMA, the Parabolic SAR has started to indicate a upwards momentum, we are out of our Ichimoku bearish zone & back in our Ichimoku Cloud equilibrium zone, we have our A,B,C of our upwards Pitchfork pattern and it looks like ADA will break back above the last yearly high and if that Conversion Line (Tenkan-Sen) crosses back over the Base Line (Kijun-Sen) on the Ichimoku Cloud , there could be good times ahead for Cardano buyers. 🤔