кσηνη∂яνм avatar

Thoughts on ADA (Daily $ chart)

konvndrvm

Published: 07 Mar 2018 › Updated: 07 Mar 2018Thoughts on ADA (Daily $ chart)

Thoughts on ADA (Daily $ chart)

https://www.tradingview.com/x/XqH5tih5/

Screen Shot 2018-03-06 at 5.14.23 PM.png

Cardano is looking pretty bottomy here at this moment. I've included the daily / dollar chart.

Clearly we can see a large bullish divergence on the rsi as well as a sufficient 70% correction from the top.

After such a large initial five wave impulse and now a lengthy (for crypto) corrective phase we should be able to start our next drive up granted we see a bullish continuation in the crypto market.

I would keep a tight stop around the mid 2400s incase we see further capitulation.

Leave Thoughts on ADA (Daily $ chart) to:

Read more #cardano posts


Best Posts From кσηνη∂яνм

We have not curated any of konvndrvm's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From кσηνη∂яνм