harisonhbn9718

Does Cardano forming a bullish channel to continue bought?

לונג
harisonhbn9718 מעודכן   
BINANCE:ADAUSD   Cardano
In the early, as we formed a bearish rising wedge, my forecast was bearish, but riht now, Cardano make rejection in the H4 timeframe and H1 timeframe, the most timeframe better to watch, we see that Cardano it's forming a bullish channel.


Now, the price it's appear that it's moving to up in H4 timeframe.


Another confluence it's using Fibonacci level, and we see a exactly bought zone at 0.618% of Fibonacci aboe of $1.07 USD, that was a rejection and the price can't to down.

I put a buy order limit at $1.11 as Cardano up into this bullish channel in formation. For that, if you don't apply correctly our analysis, we can't to get a surprise that the price action it's less watch than using the analysis. No, the price action it's very important and it's help us to understand any update. For that, this it's an update of Cardano.


Finally, the 3 Daily chart i't's look bullish as Cardano it's leadgn easily to $2 dollar in short term

Well, I put my buy order limit at $1.11 USD and my target will be the $1.50 USD and my SL it's in the $0.99 cents. I change for long as Cardano make rejection.

הערה:
Cardano up in the live market. I move my buy order limit at $1.1350 USD.

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