Cardano(ADA): Looking For Lower Targets!
Cardano has pretty decent rejection from branches of EMAs, forming a smaller resistance zone right there!
We are looking for further movement to lower zones here, as long as we maintain the price below those EMAs.
Swallow Team
We are looking for further movement to lower zones here, as long as we maintain the price below those EMAs.
Swallow Team
Comment:
Not only first, but also the second target was reached, resulting in a nice 9.56% market price movement.
Now we are keeping an eye out for a potential bounce as we are forming a "double bottom" pattern here. But who knows? Maybe we will break further down here!
Now we are keeping an eye out for a potential bounce as we are forming a "double bottom" pattern here. But who knows? Maybe we will break further down here!
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first target was reached 😉
Swallow Team