harisonhbn9718

Cardano form an accumulation zone!!! Interesting trade!!!

Long
BINANCE:ADAUSD   Cardano
In H8 timeframe, we see that Cardano still bullish toward the $0.23 cents in medium term. Also, I add this support line and we see that Cardano respect that psycological zone to bought. But we see this trade to get an opportunty.

Now, I put a buy order limit at $0.1530 cents with a SL at $0.1415 cents. And my own target will be $0.1770 cents.


Now, for holder and investor, we see that Cardano still bullish!!!

What do you think of ADA/USD respect my analysis?
Trade closed: stop reached:
Ok, Cardano touch the SL. Dont trade it for now. Maybe that couls be manipulation!!!
Trade active:
I reactivated again my long poaition in ADA. Bought in the market price tlward a target for 0.1770 cents and the SL will be 0.1380
Trade closed manually:
ADA is not sure to trade long position!!! Beware. I reccomend to closed up your long position inmediately. I dont like what Cardamo make the next movement, it's turn bearish.

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.