hebbar8

ADA breakout 4H

Long
hebbar8 Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
ADA breaking out of triangle. Will wait for retest of old resistance as support, or a price rejection candle/sign at this level on the 1H
Comment:
1H chart shows confluence of 8,13 and 21 ema at resistance. Price took support and formed a bullish candle at this spot. Signal to go long

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.