您的当前位置:首页 > Comprehensive > 【pokemon sun and moon 3ds emulator】Cardano’s ADA Technical Analysis – Support Levels in Play – 01/01/19 正文
时间:2024-09-29 12:30:45 来源:网络整理 编辑:Comprehensive
Key HighlightsCardano’s ADA slid by 5.78% on Monday, reversing a 4.10% gain from Sunday, to end the pokemon sun and moon 3ds emulator
Key Highlights
Cardano’s ADA slid by 5.78% on Monday,–SupportLevelsinPlay–pokemon sun and moon 3ds emulator reversing a 4.10% gain from Sunday, to end the day at $0.041944.
A start of a day intraday high $0.044919 saw Cardano’s ADA fall well short of the day’s first major resistance level at $0.0458.
Bearish through the day, Cardano’s ADA slid through the first major support level at $0.0422 to an intraday low $0.041104.
The extended bearish trend remained intact, with Cardano’s ADA continuing to fall well short of the 23.6% FIB Retracement Level of $0.1125.
How to Buy Cardano’s ADA
Cardano’s ADA Price Resistance
Cardano’s ADA fell by 5.78% on Monday, reversing Sunday’s 4.1% gain, to end the day at $0.041944.
A bullish start to the day saw Cardano’s ADA rise to an intraday high $0.044919 before succumbing to pressure from the broader market, the day’s high coming up short of the first major resistance level at $0.0458.
Tracking the broader market Cardano’s ADA slid through the first major support level at $0.0422 to an intraday low $0.041104, Cardano’s ADA managing to steer clear of sub-$0.04 levels and the second major support level at $0.0399 on the day.
The extended bearish trend formed at early May’s swing hi $0.38845, remained intact in spite of last week’s 52.6% rally, with Cardano’s ADA continuing to fall well short of the 23.6% FIB Retracement Level of $0.1125 following 7
th
December’s new swing lo $0.02724.
At the time of writing, Cardano’s ADA was down 0.23% to $0.041846, moves through the early morning seeing Cardano’s ADA recover from an early morning low $0.041074 to strike a morning high $0.042270 before easing back to $0.041 levels, the day’s major support and resistance levels left untested early on.
For the day ahead, a move back through the morning high to $0.043 levels would support a run at $0.044 levels to bring the first major resistance level at $0.0442 into play before any pullback, Monday’s 0.044919 high likely to pin Cardano’s ADA back from a breakout to $0.046 levels and the day’s second major resistance level at $0.0465.
Failure to move back through the morning high could see Cardano’s ADA take a bigger hit later in the day, with a pullback through the morning low $0.041074 bringing the first major support level at $0.0404 into play before any recovery, sentiment across the broader market needing to materially deteriorate for Cardano’s ADA to call on sub-$0.04 support levels later in the day.
Story continues
{ alt}
Looking at the Technical Indicators
Major Support Level: $0.0404
Major Resistance Level: $0.0442
Fib 23.6% Retracement Level: $0.1125
Fib 38% Retracement Level: $0.1652
Fib 62% Retracement Level: $0.2505
This
article
was originally posted on FX Empire
More From FXEMPIRE:
2018 – 5 Most Influential People of the Year
What is Expected in the Forex Market in 2019?
USD/JPY Forex Technical Analysis – Heading into Major Support Zone at 109.360 to 109.179
Crude Oil Price Forecast – crude oil soft on New Year’s Eve
Crude Oil Price Update – Holding Pivot at $44.68 Will Indicate Presence of Buyers
Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 01/01/19
View comments
Maybe the Coronavirus Didn’t End the Bull Market2024-09-29 12:28
Do Directors Own Sandmartin International Holdings Limited (HKG:482) Shares?2024-09-29 12:13
How Worried Should Align Technology Investors Be About the SmileDirectClub Threat?2024-09-29 11:56
Is ASM International NV’s (AMS:ASM) 21% Better Than Average?2024-09-29 11:47
The Gross Law Firm Announces Class Actions on Behalf of Shareholders of QD, LK and ALGN2024-09-29 11:02
TRUMP: The Mexican government is 'pushing the bad ones in here'2024-09-29 11:00
Looking At Schneider National, Inc. (NYSE:SNDR) From All Angles2024-09-29 10:50
Diddy gets pulled over for blasting own song while driving golf cart in Miami, says he's relatable2024-09-29 10:31
iRhythm Technologies, Inc. Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?2024-09-29 10:23
7 of Hillary Clinton’s Biggest Flip-Flops2024-09-29 09:57
IRS offers new relief options to help with tax bills during coronavirus pandemic2024-09-29 12:29
Yamana Gold-Osisko Mining Announce Partnership2024-09-29 12:21
CSX Stock Rallies 12.9% in 2018: Will the Momentum Continue?2024-09-29 12:08
Pharrell’s Next Solo LP Will Be Rap-Free2024-09-29 11:51
Do Hedge Funds Love Brooge Energy Limited (BROG)?2024-09-29 11:30
Oversea Unit of World’s Largest Tobacco Producer Eyes Hong Kong IPO2024-09-29 11:11
2016 Trends in Gold Price2024-09-29 11:08
Vehicle ploughs into New Year's crowd in Tokyo, injures eight people2024-09-29 10:44
Helius Medical Technologies, Inc. to Present at Upcoming Investor Conferences in November2024-09-29 10:40
Here’s What Hawaiian Holdings Inc’s (NASDAQ:HA) P/E Ratio Is Telling Us2024-09-29 10:36