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?
Сделка активна
It pumped more than 12% and reacted to the highlighted red supply zoneThe setup is still valid
Сделка закрыта: достигнута тейк-профит цена
It dropped more than 12% from the marked zone and reached the first target.
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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
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.