- Big Volume Spotted - Ichimoku Cloud broken - Ema20 and MA200 just crossed - Candles closed above moving averages - CCI green and extending it - RSI is overbought ( we can expect pullback in short-term)
DAILY CHART :
- Daily Candle is breaking into the cloud - Being supported by EMA20/MA50 - RSI doing higher high and lower high - MACD supporting this movement - CCI just turned Green - Stoch RSI supporting bullish movement
WEEKLY CHART :
- SAR Turned positive - Bullish reversal started after 13 Red - This green candle is above last week candle. Very good signal - MACD on the best point. Its near to turn positive and cross. - RSI trying to make higher high ( on the way ) - CCI still on the red but on the way to turn into green - STOCH RSI supporting positive movement
CONCLUSION :
Cardano is a very trustable coin which is getting ready to move up after some months lossing value. Majors coins started to move into positive way and its a very nice moment to invest and hold some gold project coins like this. This coin is going to be listed on Coinbase which will offer a good pump on a short-mid term ( You can take a look into ZRX or BAT ) Also, if you look into weekly chart , technically this coin have much room to increase its price. This charts looks really well. On the short-term maybe it have to correct, so , you can buy pullbacks and catch it as cheapest possible.