ADA is still trading within a complex corrective pattern (4H)

Cardano is still trading within a complex corrective pattern. The recent decline appears to have formed Wave A, followed by the completion of Wave B. The price now seems to be developing the lower-degree Wave C, which is expected to be bearish.
It is worth noting that the higher time frame trend remains bearish.
We are looking for sell/short opportunities within the highlighted supply zone.
The targets are marked on the chart. At the first target, secure partial profits and then move your stop loss to break-even.
Let's see how it plays out.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think CARDANO is bullish?
It is worth noting that the higher time frame trend remains bearish.
We are looking for sell/short opportunities within the highlighted supply zone.
The targets are marked on the chart. At the first target, secure partial profits and then move your stop loss to break-even.
Let's see how it plays out.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think CARDANO is bullish?
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.