CARDANO - Primed For Breakout!
In our last Cardano analysis we had 2 areas we were looking for a reversal. One of them was the structure level we are at now.
We're on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal.
Trade Idea:
- Watch for bullish price action within the wedge (possibly double bottom)
- Enter with stops below the lows
- Targets: 2.4, 3, manually manage the rest
See below for our previous Cardano analysis:
Goodluck!
We're on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal.
Trade Idea:
- Watch for bullish price action within the wedge (possibly double bottom)
- Enter with stops below the lows
- Targets: 2.4, 3, manually manage the rest
See below for our previous Cardano analysis:
Goodluck!
🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.