CARDANO falling as hell. Check if bounce up.
On the Cardano chart we see how the price reacts to the Trend line showing a down trend.
At the same time, the price is below the daily EMA 50 but above the daily EMA 200.
Reflection from Fibo 0.786 but above Pivot point R1.
According to timeframe H1, it is not clear where the price will go next, it is necessary to look for a signal to enter on a lower timeframe.
Our strategy based on Price action will help us with this.
Trading is not difficult when you stick to a strategy based on clear rules.
Happy trading!
At the same time, the price is below the daily EMA 50 but above the daily EMA 200.
Reflection from Fibo 0.786 but above Pivot point R1.
According to timeframe H1, it is not clear where the price will go next, it is necessary to look for a signal to enter on a lower timeframe.
Our strategy based on Price action will help us with this.
Trading is not difficult when you stick to a strategy based on clear rules.
Happy trading!