Cardano - 2 scenarios that will tell you what to do! 😉

The whole market was expecting a correction, to buy bitcoins and altcoins at a discount, but the market is not going the way most people expect it to, and yesterday there was a very strong spike, bitcoin was up 18%, there were very many liquidations, which actually happened with altcoins as well.

What's on the Cardano chart? The price is also in a consolidation range, now it is close to the upper limit.
There are potentially 2 possible developments:
- first scenario, the price quickly approaches the upper boundary of the consolidation, makes a false break, and goes down
- second scenario, the price will squeeze near the upper boundary, make a breakdown, retest the upper boundary as support and go higher.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

Comment:

price failed to reach the sell zone