praiseofgod255
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since Mar 14, 2021
breakouttrading
cardano
chartpattern
crypto
cryptocurrency
divergence
eth
indicator
support_and_resistance
technicalanalysis
trendanalysis
waveanalysis
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IF ADA is a bounce at the support 0.919725 and break the trendline resistance, there is a high possibility that the price will rise to the resistance target at 1.068930. However, if it turns out that the price bounces on the trendline resistance, it means that ADA is still continuing its down channel pattern until the support 0.844890 Do your own research guys
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There are two divergences, namely hidden bullish divergence and regular bearish divergence. Which one is more valid for us to use as reference data? Based on the lines that we have plotted, we simply need to monitor the price reaction in the area of the lines. make sure there is a strong confirmation
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