ADAUSDT,🟢Still bullish...?!🟢(Details on caption)

By examining the ADAUSDT (Cardano) daily chart, we can see the price retraced to 50% of the previous leg, filled the FVG, and started the uptrend.
In addition, the price created the buy side liquidity that formed as an equal high which can be defined as a target.

Now, the demand zone is the first support for the price and we can expect the price to move higher after hitting this zone. If this demand zone does not work the last line of defense is the FVG formed in the OTE zone.


What you should know: Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency.



💡Wait for the update!
🗓️25/02/2024
🔎 DYOR

💌It is my honor to share your comments with me💌

Comment:

9.5% rise so far.

This TA is still valid.

Trade closed: target reached:

The price reached our TP.

Result: More than 21%

Cheers 🥂