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AtlasTrades
Nov 29, 2022 2:00 PM

Cardano can make retest of support level and then bounce up Long

Cardano / TetherUSBinance

Description

Hello my friends, today I want to talk to you about ADAUSDT.

I made a few conclusions about Cardano.

Not time ago price fell from consolidation to support area and made fake breakout.

Then Cardano bounced up and now trades close to support level.

I expect that price can make retest of support level and then start rise.

That's why I set up two targets at $0.3220 and $0.3370 levels.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.
Comments
ArmanShabanTrading
Let’s do it 🤝🏻
Gold-Tech
Great technical analysis
TheSignalyst
good catch mate. I like your clean style !
DeGRAM
Thank you for sharing
KlejdiCuni
You have nailed this analysis. I like it. Thanks
Cybernetics_tl
breakout structure, pullback and continuation, classic chart pattern! lets see if is gonna playing out
P_S_trade
Nice trade plan
ProjectSyndicate
keep it up, neat updates for short-term traders
TheTradersAvenue
Interesting chart ,Thanks for sharing
Perfect_Money
This just might work!!! Keep up the solid work, my friend.
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