ADAU19 Breaks Out Of Descending Channel (Where To Next?) Long

BITMEX:ADAU19240

Description

⋅ Aug 4, 2019 2:53 PM

Cardano (ADAU19) just broke out of a descending channel and it is now showing increasing volume and a break above EMA10 on this timeframe.

A close above this level, EMA10, and it's the turn for the bulls to move the price.

After a double bottom, signs are showing that ADAU19 wants to move up.

Targets and stop-loss are marked on the chart
This is not financial advice.

__________
Previous Cardano (ADAU19) trade with over 66.66% ROE generated.
See it here:

Namaste.

Comment

⋅ Aug 4, 2019 7:19 PM

ADAU19 moved back into the channel and closed below EMA10.
It will need additional time to bounce.

Comments

leducterov

⋅ Aug 6, 2019 6:42 PM

not quite my tempo

Orca-Whale

⋅ Aug 5, 2019 1:51 PM

baskanx

⋅ Aug 4, 2019 7:10 PM

Hello What is the name of the indicator in the chart

AlanSantana

⋅ Aug 4, 2019 7:15 PM

@baskanx, VPVR and TD Sequential