Cardano forming this bearish channel, but also, I want to share this analysis in Daily timeframe here where I believe that we're in the bounce zone.
Now, in H4 I look a simetric triangle in formation, but in RSI I look that RSI it's making a lower high in H4 timeframe, and also in Daily we can to look it.
It's interesting in this long position, I will buy to long position in the market price, my SL will be set around $0.95 USD. You can to put your SL around $0.95 to $0.90 cents.. Now, my target will be so longer for days around $1.37 USD.
Now, in H4 I look a simetric triangle in formation, but in RSI I look that RSI it's making a lower high in H4 timeframe, and also in Daily we can to look it.
It's interesting in this long position, I will buy to long position in the market price, my SL will be set around $0.95 USD. You can to put your SL around $0.95 to $0.90 cents.. Now, my target will be so longer for days around $1.37 USD.
Trade closed manually:
i suggested to closed up manually. In H4 ADA becoming bearish.