Hi dear friends, hope you are well and welcome to the new trade setup of Cardano (ADA) coin.
Previously I shared a long-term harmonic trade plan of ADA, which is still in play:
Now on a daily time frame, ADA broke out down channel and there is also a bullish divergence on the chart, as the priceline is forming lower low, but the RSI is setting higher low.
Buy between: $1.40 to $1.65
1st target: $2
2nd target:$3.05
Stop loss: Below the support of $1.13
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously I shared a long-term harmonic trade plan of ADA, which is still in play:
Now on a daily time frame, ADA broke out down channel and there is also a bullish divergence on the chart, as the priceline is forming lower low, but the RSI is setting higher low.
Buy between: $1.40 to $1.65
1st target: $2
2nd target:$3.05
Stop loss: Below the support of $1.13
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade