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Mihai_Iacob
Jun 11, 2021 9:08 AM

Cardano- strongly bearish under 1.5 Short

Cardano / U. S. DollarKraken

Description

Like a lot of coins, also Cardano is trading at an important juncture.
At this point, AdaUsd is trading just above 1.5 very important support and if bulls can't manage to hold the price above a new wave of selling could bring the price at 1usd.
In my opinion, this will be the case and I'm looking to sell rallies

Comment

Down we go
Comments
Oacen
from 03/21till 06/21 cardanos 1 dollar support is by far the strongest support line in crypto market
only when instituted dumped btc 10k in 1 hour cardano was bellow 1 dollar .

1.30-35 is strong demand zone also if btc stay above 31k i dont think we can go lower than 1.30.

if you see cardano bellow 1 dollar xrp will be arround 0.50-0.65 etherium will be below 2k and btc will be below 30k
Mihai_Iacob
@Oacen, yeap
And is exactly what i think
Oacen
@OptimoomFX, so may good news for btc these days and some institutional candles but i dont see many retail traders jumping in.
people are getting smarter
UnknownUnicorn7591736
@Oacen, great info. should have seen this days ago
CobraVanguard
Very good Idea. Thank you!
Mihai_Iacob
@T_V_TreeTrader, thanks for comm
UnknownUnicorn4127247
Great Analysis as Usual :)
KlejdiCuni
Nice one bro!
Mihai_Iacob
@KlejdiCuni, thanks
Investroy
Lovely stuff g
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