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Author Topic: ADA/USD Price Analysis Sept. 24, 2018  (Read 646 times)

Offline Nikko

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ADA/USD Price Analysis Sept. 24, 2018
« on: September 25, 2018, 07:45:30 AM »
Cardano could not break out of the 50-day SMA on September 23, resulting in a pullback to the 20-day EMA.


If support holds, a rally to the $0.111843 level is likely. On the other hand, if the bears sink the ADA/USD pair below the 20-day EMA, a fall to $0.071355 is probable.

Both moving averages are flattening out and the RSI is in neutral territory. We do not find any reliable buy setups at the current level, so we are not proposing a trade.

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ADA/USD Price Analysis Sept. 24, 2018
« on: September 25, 2018, 07:45:30 AM »

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