Cardano developing a bear trap pattern, ADA poised for spike higher to $3
Cardano price is on its ninth consecutive week of weekly candlestick closes below the open – that’s a bearish near-term record no primary market cap cryptocurrency can match. But the constriction has been so prolonged that a breakout now could trigger some massive price spikes. Cardano needs to hold above $2 level for the market to create buying confidence level and gain more flow.
- Our option for #ADA is WAITING FOR A CLEAR CONFIRMATION.
Do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
Please comment, like and follow if this post helped you.
Thank you for your time.
Have a profitable trading.
| Review and analysis by Samadi.Finance |
Cardano price is on its ninth consecutive week of weekly candlestick closes below the open – that’s a bearish near-term record no primary market cap cryptocurrency can match. But the constriction has been so prolonged that a breakout now could trigger some massive price spikes. Cardano needs to hold above $2 level for the market to create buying confidence level and gain more flow.
- Our option for #ADA is WAITING FOR A CLEAR CONFIRMATION.
Do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
Please comment, like and follow if this post helped you.
Thank you for your time.
Have a profitable trading.
| Review and analysis by Samadi.Finance |
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