Cardano Look for strong bullish continuation price action

BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)

Hello everyone:

Cardano has always been on my watchlist for the next bullish move.

We can see a strong higher time frame bullish impulsive phase, and now the price is in this larger correction.

Latest price action continue to correct, and now formed a double bottoms within the correction then impulse up.

These are great price action from a multi-time frame perspective.
I would wait and see if price can break out of the HTF correction,
and look for LTF continuation correction to get in more.

Thank you
Price action analysis, live market update, Group Q/A, educational videos/lessons.


ADA @ 10$!!!!
+6 Reply
@deepanp let’s see :)
+1 Reply
looking forward long terms
+1 Reply
deepanp jojofang0901
@jojofang0901, Maybe a long
Thank you! would you say it's a good time to buy ADA? ( sorry, I am still trying to understand graphs and terminology.. )
+4 Reply
@krpople if it fits your plan and management :) I am simply breaking down the overall move and since everyone trading style and strategies are different, so it’s based to have a good risk management plan to enter and set SL etc. personally would be nice to wait for a correction now that it got me out of the HTF structure
Interesting ! Thanks for sharing!
+4 Reply
jojofang0901 kennypilanski
@kennypilanski, no problem glad to do so
+1 Reply
thanks a lot for this full detailed analysis
+4 Reply
jojofang0901 MMBTtrader
@MMBTtrader, thank you bud your welcome :)
+1 Reply
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