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jojofang0901

CARDANO Watch for bullish price action to buy

Long
Cardano (BINANCE:ADAUSD)  
jojofang0901  
BINANCE:ADAUSD   Cardano
Chart Patterns Flag Parallel Channel priceaction structure pattern impulse correction ADA crypto
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chartpattern flagpattern parallelchannel priceaction structure pattern impulse correction ada crypto


Hi everyone:

Looking at ADA's current price action for another impulse phase to push the price higher.

We can see from the previous impulse phase that broke the all high, is follow by a consolidation correction.

This is what we generally want to see if price will continue the previous bull run.

Latest development shows signs of a bullish correction on the LTF. Watch this correction to complete and look for the buy entry to the top.

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