ADA/USDT: Keeps being very attractive..

ADA/USDT: Keeps being very attractive..

By toofasteddie | The cryptorunner | 23 Jul 2020


After yesterday's call on the ETH/USDT, a few more altcoins seem showing good signals for a quick trading.
One of them is ADA which is again evolving positively in the 4-hour chart, "travelling" along a symmetrical triangle and showing a BULLISH DIVERGENCE on the RSI:

ada.jpg

Bullish divergence created by the Higher Lows of the price and the corresponding descending curve .

On the 1-Hour Chart the situation is still better:
ada2.jpg

The target of the iHS pattern is rightly projected towards the upper resistance of the Symmetrical triangle, meaning +5% from the current price level. It can be a fruitful trade if leveraged correctly and assessed continuously.


I'm sharing only my quick trading Ideas here, not financial advice at all ;-)

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.


toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
The cryptorunner

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