Cardano (ADAZ18) LONG on BitMex

Cardano (ADAZ18) is looking beautiful for a LONG. I already bought some on BitMex.

I am looking mainly at the chart on the left, which is the daily time frame.

• A strong bounce happened when 900 satoshis was hit.
  
• Both MACD and RSI show bullish divergence.
  
• RSI is trending up and about to enter bull territory.
  
• ADAZ18 is now trading above EMA10.
  

Based on the signals above and overall chart structure and market cycle, I am opening a LONG position for ADAZ18. We are also trading ADABTC short, mid and long term.

Hit LIKE if you found this article useful.

Thanks a lot for the continued support.

Namaste.

تعليق:

Previous ADAZ18 trade (ALL TARGETS HIT):