We found some excellent gains from previous break and now we are testing the top again.
A break from trend could potentially see some further big numbers but a rejection and subsequent loss of support could see us dive back to lower support.
Either way may create an entry opportunity if you aren't already holding.
Personally I'd like to see some consolidation at current PA before a move further North.
A lot of Cardano purists seem to "just grin and bare it" during retraces so the support levels often hold stronger than some other projects.
If your not holding a bag already you may want to find an entry sooner rather than later here but the recent pump comes with caution.
Cardano remains one to watch as it fights it's way up the CMC ladder.
As always, not financial advice, just thoughts and TA.
Bingaz.
A break from trend could potentially see some further big numbers but a rejection and subsequent loss of support could see us dive back to lower support.
Either way may create an entry opportunity if you aren't already holding.
Personally I'd like to see some consolidation at current PA before a move further North.
A lot of Cardano purists seem to "just grin and bare it" during retraces so the support levels often hold stronger than some other projects.
If your not holding a bag already you may want to find an entry sooner rather than later here but the recent pump comes with caution.
Cardano remains one to watch as it fights it's way up the CMC ladder.
As always, not financial advice, just thoughts and TA.
Bingaz.
