Academician of a currency circle: 9.14 "Ada coin is soaring! The price breaks through the 0.36 mark, and the future trend is limitless!"
There is no need to show your strength excessively, the key is to get recognition from more people. On the investment journey, it is more important to be yourself than to prove your strength to others. Whether it is a mule or a horse, you will know after taking it out for a walk.
The current market trend can be seen in the K-line shape: the K-line has shown a continuous upward trend in recent days. From 08th to 13th, the price rose from 0.339 to 0.3641. The recent high is at 0.3644 and the low is at 0.3503. Technical indicators MACD: DIF and DEA are gradually approaching and showing signs of forming a golden cross. The MACD histogram has turned from negative to positive, indicating that bulls have increased strength in the short term. RSI: RSI14 is currently 57.7791, which is close to the overbought zone but has not yet entered, indicating that the market still has some room for upside. EMA: EMA7 has crossed EMA30 and is far away from EMA120, indicating that the short-term trend is improving. Trading volume: The trading volume increased significantly to 11,876,387 on the 12th, and then fell back to 4,295,497 on the 13th, indicating that the previous day's heavy volume increase was partially digested. Overall, the trading volume in recent days has increased compared with before, indicating that market activity has increased.
The 4-hour K-line pattern shows a continuous positive line, and the price gradually rises. A support level formed near 0.3500 and a rebound was seen above it. Technical indicators MACD: DIF and DEA are both positive and continuing to rise, and the MACD histogram shows that bulls have increased momentum. RSI: RSI14 is close to 70, but has not entered overbought territory, indicating that there is still room for the uptrend. EMA: EMA7 > EMA30 > EMA120, the short-term, medium-term and long-term moving averages are arranged in a long position, supporting the upward trend.
When going long, focus on one 0.350 two: 0.340 stop loss point: 0.335
Short selling focus on one 0.370 two: 0.380 stop loss point: 0.385
On the whole, the recent market performance of ADA Coin (ADA) has been strong, and technical indicators are all pointing to a bullish trend. Investors should remain flexible when operating, pay close attention to market dynamics, and set stop losses reasonably to ensure that risks are controllable. It is recommended to make adjustments based on real-time market data when going long or short to seize the best trading opportunity.
