Cardano (ADA) weekly chart

23. Nov. 2020

ADA / BTC

🌟 Techincal Analysis🌟

Hi guys

Ada recently started to pump hard again

Looking at weekly chart you can see :

1- It just broke strong horizontal resistance
2- Broke trendline resistance
3-On bottom of RSI its show bullish reversal signs
4-Great volume entered last few days
5-btc dominance start to decrease (alt season)

All this are bullish signs
Now ada Got rejected from 855 sat (0.382fib)

If ada managed to hold above this fib resistance
We can see next targets in Fibonacci
995 sat
1136 sat
1337 sat

Good luck and happy trading 🌹

24. Nov. 2020

Anmerkung

Hope you are in profit after analysis now 🔥🔥🔥

24. Nov. 2020

Anmerkung

update previous idea
Ada / btc

853 sat ✅
995 sat ✅
The price got rejected exactly at 995 (0.5fib)

You see the accuracy of my lines 😄