Cardano
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Cardano Long

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-Potential long on Cardano, price has been moving up on a solid up trend seen on the 1H and 4H, price likes to dip back in the 20/50ema on the 4h (Price is currently testing the 4h 50ema) and create some pattern we can capitalize on to get an entry point. I recently took one that was a H&S on Saturday for profit.

-price is in a decent descending channel so I may look to enter if we possibly get a H&S pattern that looks to be developing inside the channel, OR wait for a break of the channel and entry once we start breaking OR you can also wait for price to fully break out and possibly have a pull back to the 1h 20/50ema's as seen in my previous trade I took.

- If you take a look at DODGE on the 1h I just got out of a trade for profit today, some of these crypto's have very similar similar patterns like this one so keep an eye on these as they can be quick 6-12% profit
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No entry for me, looking at other cryptos this was not very clean for my liking. Long term this may have been good swing trade but short term did not like it and went with my gut feeling to stay out. The profit would have been great but when you got a bad feeling about a certain trade I find it best just to stay out and NOT be greedy. There will also be another set up!
Chart PatternsTechnical IndicatorsTrend Analysis

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