ADA warzone

in #ada7 years ago

Decided I'm going to start making more posts on tradingview, and link them here.

Ok a little bit of extra info for my steemians!

https://www.tradingview.com/chart/ADABTC/XkOBEdQu-Ada-Warzone/

trend lines are black solid and dotting, the candles are still active above the cloud, so this isn't a great time to dive into a trade unless you have a solid reason.The red line is a bearish formation of a new trend, if it gets broken, it's likely that the bullish trend will continue. Thus it's a good time to pile into Cardano here if that happens. The dotted line represents the new bear form that is starting, and the orange box represents what I call the warzone, this is when one trend will stop and we'll go from being in two trends to one. I do think if this ceiling resistance is broken, it's likely that we'll get a burst up to at least 3500 satoshi's and probably closer to the top of the trend triangle.

Merry Christmas!

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.035
BTC 97816.08
ETH 3416.41
USDT 1.00
SBD 3.21