Cardano break down this simetric triangle and trend line!!! Sell
In the live market, we see that Cardano just now break down this trend line what it's part of this bearish rising wedge in H8 timeframe.
In H4 timeframe, we see another perspective that Cardano was in formation in this simetric triangle and today, it's beak down the support of $1.15 dollar, now, Cardano it's below of this price and I see that price action it's going to down as we break out this support.
Now, I'm more enfocous in short term like in H2 timeframe that it's the best to anlyze, we see that the price it's need to move toward the $0.81 cents my next target profit. Another support could be the $1 dollar, but if we looking the H8 timeframe, we have the changes that Cardano going toward the $0.81 cents.
In H4 timeframe, we see another perspective that Cardano was in formation in this simetric triangle and today, it's beak down the support of $1.15 dollar, now, Cardano it's below of this price and I see that price action it's going to down as we break out this support.
Now, I'm more enfocous in short term like in H2 timeframe that it's the best to anlyze, we see that the price it's need to move toward the $0.81 cents my next target profit. Another support could be the $1 dollar, but if we looking the H8 timeframe, we have the changes that Cardano going toward the $0.81 cents.
Trade closed manually:
Cardano make rejection in the price action in H4.
