$#Cardano Price Technical Analysis – ADA/USD is Bullish Again...

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·@cryptojb·
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$#Cardano Price Technical Analysis – ADA/USD is Bullish Again...
![645vSsgI.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1521626419/uh5axewjqz2ngcuepe2g.jpg)

Below $0.2000, the previous major resistance at $0.1800 will most likely act as a support. On the upside, the $0.2150-70 zone is a short-term hurdle. Above $0.2170, the price may break the $0.2200 level for a run towards the $0.2500 level.

Hourly MACD – The MACD for ADA/USD is now placed well in the bullish zone.

Hourly RSI – The RSI for ADA/USD is currently well above the 60 level.

Major Support Level – $0.2000

Major Resistance Level – $0.2200


![DYwjtXPUQAAeZBW.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1521626441/mrydgcm6psdks3h07xye.png)

#TradingView keyboard shortcuts, great for speeding up your charting. 

- For creating "zones", use the rectangle tool.
- Magnet Mode helps you snap on to wicks.
- Parallel Channel tool deserves more attention.

![upvote resteem.gif](https://res.cloudinary.com/hpiynhbhq/image/upload/v1521626460/pnvtpmz8q0xlogcnvj9y.gif)

![3LSfmKZCMTrRsUMhNaeBkQrtjp9SzSMNXu.gif](https://res.cloudinary.com/hpiynhbhq/image/upload/v1521626479/k5pp5avwftldiudxccuq.gif)
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