Cardano Tau Atonu Faʻaauau Bullish Trend A maeʻa Puupuu Faʻatau-ese

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ADA Tau Suʻesuʻega - Ianuari 12

Should the buyers gain enough momentum and the daily candle closes above $0.34 level, ADA/USD may increase to $0.38 – $0.45. In case the sellers defend the $0.34 level, the bears’ pressure may likely reduce the price. However, the next support levels can be found at $0.27, $0.24, and $0.21.

ADA / USD Maketi

Tulaga Autu:

Resistance levels: $ 0.34, $ 0.38, $ 0.45

Lagolago lagolago: $ 0.27, $ 0.24, $ 0.21

ADA / USD Taimi umi: Faʻamataʻu

ADA/USD was exhibiting a range-bound movement within $0.19 and $0.13 price level till January 02. The buyers gathered enough momentum to break up the resistance level of $0.19 on January 03; this is seen on the daily chart with the formation of strong bullish candles. The resistance level of $0.19 was penetrated and the price continues increasing towards the resistance level of $0.34. The just mentioned level was tested on January 06 and the price could not break the level but pulls back.

Afai e maua e le au faʻatau le tele o le malosi ma tapunia le moligao o aso uma i luga aʻe o le $0.34, ADA / USD e mafai ona siitia ile $0.38 - $0.45. Afai e puipuia e le au faʻatau le $ 0.34 tulaga, o le mamafa o urosa e ono faʻaititia le tau. Ae ui i lea, o isi tulaga lagolago e mafai ona maua ile $0.27, $0.24, ma le $0.21. O le faʻailoga faʻapitoa RSI o loʻo i luga aʻe o le 60 tulaga ma le laina faʻailoga e faʻasino i luga lea e faʻaalia ai se faailoilo malosi.

ADA / USD Taimi feololo: tulaga maualuga

Cardano is on the bullish movement on the 4-hour chart. The crypto tested the resistance level of $0.34 on January 07 after it breaks out of the consolidation mode. It pulled back and retested $0.27 level. The second touch at $0.34 level was on January 09 pulled back again and tested $0.24 level last week. The just mentioned level rejected the price and seems to continue bullish trend.

The 9 periods EMA is crossing the 21 periods EMA upside and the price is trading over the two EMAs as a sign of bullish movement while the relative strength index period 14 is at 50 levels and the signal line shows sell signal which may be a pullback.

It is advisable to place Buy Stop at $0.3101, take profit at $0.3777, and stop-loss at $0.2730.