CFcryptoTA

CARDANO ready?

Long
BINANCE:ADAUSD   Cardano
The next move is going to be violent. It has been in accumulation mode for the last 2 months. There is a confluence of resistance above the current level, Hence price suppression. BB are very narrow, which means volatility was very low, and the price is susceptible, which means high volatility is expected in the next directional breakout. It is one of the best entries, in my opinion, in the market right now. The Stop loss is at 1.71 (conservative), 1.8 aggressive. First target 6.7, second target 12.05, last target 20.06.
Another way to play it super safe is to just wait for the breakout above 2.42 before entering.

CFcryptoTA
check the youtube channel out
youtube.com/channel/UC1nxHmfbU0pyoX7Bp-ayDuA

Telegram channel for 1 to 1 chat: t.me/TAEW4
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.