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
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。