Here we have Cardano (ADABTC) on the weekly timeframe, 7 days per candle.
On the left side, we can see prices dropping when facing EMA50 (magenta line).
On the right side, we can see prices rising and moving above EMA50.
Closing above EMA50 this week (tomorrow), can lead to additional growth and the challenge of higher resistance levels.
Cardano (ADABTC) is set to continue growing.
Namaste.
On the left side, we can see prices dropping when facing EMA50 (magenta line).
On the right side, we can see prices rising and moving above EMA50.
Closing above EMA50 this week (tomorrow), can lead to additional growth and the challenge of higher resistance levels.
Cardano (ADABTC) is set to continue growing.
Namaste.
Комментарий:
Be careful on a weak close... Prices can retrace before more growth... (additional growth is possible on a strong close)
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