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[Watch it] Cardano may be (just) taking a breath

f-73 Aktualisiert   
BINANCE:ADABTC   Cardano / Bitcoin
TD count 9 looming, if 0.00012 holds a few days a second leg up is possible.
Watch it.
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Broke up already.
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If ADA bulls are still there, they should find a bounce soon.
Support is close.

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Bullish divergences.
Watch it , it may bounce again.


Take no risks under support, though.
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2 possible green routes out of the falling wedge.
Mind this is speculation, do your own diligence.
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0,000012 is psycologichal resistanc ( mentined before ).
0,000013 important FIB level.
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" psycologichal resistanc" ...
"psychological SUPPORT", sorry
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If falling wedge gets confirmed first meaningful resistance would be FIB 0.786, marked on chart.
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Out of wedge, but still no confirmation on volume.
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Come on ...
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First daily close under 0.618, yesterday.
Not good.


Yet we notice a TD count=9 and price above support, hence there's still a way out of this pocket. I'd like to see a good reaction within 48 hours, maybe with the formation of a rising star.

As usual, don't take risks under support.
Let's see.
Trade ist aktiv:
Time to take some risk.

First batch Long at 0,0000109, conservative Stop under FIB 0.5, to be tightened later. We'll see within next weeks.
Kommentar:
Long reference scenario:
Trade geschlossen: Stop wurde erreicht:
Stopped.
Kommentar:
Well, we have huge divergences and FIB 0.5 seems holding.
Hence worth trying again.


Trade to be re-evaluated once 0.618 is reached.
Trade ist aktiv
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