Cardano
שורט

Pending trade: Cardano goes toward the $0.11 cents levels!!!

מעודכן
In this analysis, Cardano it's not sure to trade in long position. Becuase we forming in weekly or 3 Daily chart an accumulation zone and today I update this par from monthly timeframe for the microtrend charts. So, in my personal opinion, Cardano not prepare to go bullish, first we would need a correction toward the $0.11 cents. In that zone, are psycological point to bought more ADA if you dont want to loosing this opportunity.

But, if you see in H8 we turn bearish!!!

תמונת-בזק

But if you see that, we forming an ascendent triangle and maybe a strong correction it's possible toward the $0.11 cents.

תמונת-בזק

You can see better the ascendent triangle in 3 Daily chart and this it's a pure accumulation zone!!!

So guys, I will going to still pending in this trade because Cardano goes toturn bearish and it's not a good news to put long position or you will be liquidated. So, I put a sell order limit at $0.1488 cents approximately becuase I'm so secure that ADA goes to down and not to up!!!

So, put the sell order limit at $0.1488 cents, SL: $0.1645 and my target profit will be $0.1140 cents.

Good luck!!!
עסקה פעילה
The trade recentrly was activated on ADA/USD
העסקה בוטלה באופן ידני
Oh I see. Maybe we couls formed another chartist pattern.
accumulationadausdascendentriangleBeyond Technical AnalysiscardanoChart PatternsCryptocurrencyTrend Analysistrendmarketcycle

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