Cardano Short-Term Updated (New Bullish Signals)

10. Juli 2022

This is an update to the trade idea published 8-June for Cardano (ADAUSD).

We have new bullish signals.

We have this ascending channel working as a rising consolidation range, what I call bullish consolidation.

We have a higher low today, 10-June, compared to 30-June.

The higher low candle, a -8 Doji, has the highest volume since 10-June, signaling strong buying pressure.

We continue bullish and expect prices to grow based on the data coming from this chart.

Namaste.

11. Juli 2022

Anmerkung

The ascending channel has been broken.

The main support remains active, 30-June low.
Bullish above this level ($0.4353).
Bearish below this level.