jojofang0901

CARDANO Is It Time To Rise ? Watch for continuation price action

做多
BINANCE:ADAUSD   Cardano


Hello traders:

ADA has been in a decline since the initial strong bullish impulse up after reaching the $3 price.
It has been in a bearish price action and continue to correct within a downward correction since.

We can see price temporary broke below the $1 mark, but quickly reverse up and formed bullish impulse phase on the lower time frame.
This is a good sign that price has formed a low, double bottoms, and reversal price action has formed.

Its within our interest to wait and see if price can develop a bullish continuation correction as it has broken above the descending channel structure.

Look for previous highs as potential targets if price does give is the confirmation ion to enter.

thank you

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。