ADA/USD Technical Analysis - 05 April 2018

in #ada6 years ago (edited)

Is ADA forming a cup and handle pattern?

Looking at the 2-hr MACD indicator, consolidating is almost complete and it is very near the apex of the wedge, thus, signals a very strong bounce.


The next few days will be very exciting as I am expecting for the consolidation to be completed until the 10th of April, then, the price bounce will commence.

Your thoughts? Comment it below!

Disclaimer


This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

Want to earn more?

Earn through SMARTSTEEM - guide
Earn followers and upvotes through STEEMFOLLOWER
Earn through mobile mining - Electroneum

Earn through games:


Cryptomininggame - browser game
Aethia - Ethereum game
Bitcoin mining game
Magic bitcoin farm
Dino park game
Cash zoo bot

Guide for newbies:

Trading Strategy 101 – Understanding Cryptocurrency Volume
Trading Strategy 101 – Understanding Order Books, Buy Walls, Sell Walls, and Fake Walls
Trading Strategy 101 – Using 3 Moving Averages
Trading Strategy 101 – Support and Resistance Zones Strategy Guide
Trading Strategy 101 – Easiest Bitcoin Trading Strategy
Crypto Guide for Dummies - Avoiding Beginner's Mistake

upvote.gif
If you liked this post or it helped you in any way, please upvote, follow, and resteem so that more people can learn about this information! Thank you!

Sort:  

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ADACardano0.150$-2.6%2.76%
BTCBitcoin6819.460$0.41%-3.95%
ETHEthereum383.354$1.68%-0.94%
ETNElectroneum0.020$-0.66%-1.29%