Cardano / Bitcoin – Technical Analysis

Chart summary:

The Cardano / Bitcoin is giving us an opportunity to go long, all of my confirmation’s are in a perfect setup. Our entry is the break of the previous high 0.00002104 which was also a support level before 5 and 7 days.

Analysis indicators:

I use in the current chart to filter my analysis and confirm the direction of the market.

Exponential Moving Average > 75 period

MACD > default period

Momentum > 22 period

Chart details :

Entry : 0.00002104

Stop Loss : 0.00002006.

Target 1 : 0.00002180

Target 2 : 0.00002269

Target 3 : 0.00002356

Closer look below:

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