this analysis's free
so enjoy it...
we know CARDANO is so strong
so we need to be carefull to be a good buyer!
we had a sweaped flag limit when price rechead 1.895
so this flag must hold the price at the MPL but this mpl is ENGULFED resently! it means we have a RETRACEMENT! not moving up and up..!!
so this these are two STONG POSSIBLE STORIES :
STORY 1 (orange line)= there is a MPL between 2.161 _ 2.192 (green box)
if the price can ENGULFE this mpl it means it will go up and up by higher lows until it can engulf the next mpl between 2.590 _ 2.712 (white box) and little retrace and move up to 3.000 and higher!
we are buyer here about the 1.850
STORY 2 (red line)= I like this one because we can buy at a lower price and its more POSSIBLE! cardano is taking every bullish mpl and it might NOT be the last one why? because it engulfed the last one! so it means cardano still wants to see the prices!!! so there is a very good flaglimit at 1.501 _ 1.458 by the way its a WEEKLY ORDER BLOCK there! we want to see price go the UPPER MPL and NOT ENGULFE this mpl and go right to this area (about 1.500) and BOOM!!!!
we are buyer here about 1.496!!!
helped by priceaction and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT
sincerely BEARBOURSE
so enjoy it...
we know CARDANO is so strong
so we need to be carefull to be a good buyer!
we had a sweaped flag limit when price rechead 1.895
so this flag must hold the price at the MPL but this mpl is ENGULFED resently! it means we have a RETRACEMENT! not moving up and up..!!
so this these are two STONG POSSIBLE STORIES :
STORY 1 (orange line)= there is a MPL between 2.161 _ 2.192 (green box)
if the price can ENGULFE this mpl it means it will go up and up by higher lows until it can engulf the next mpl between 2.590 _ 2.712 (white box) and little retrace and move up to 3.000 and higher!
we are buyer here about the 1.850
STORY 2 (red line)= I like this one because we can buy at a lower price and its more POSSIBLE! cardano is taking every bullish mpl and it might NOT be the last one why? because it engulfed the last one! so it means cardano still wants to see the prices!!! so there is a very good flaglimit at 1.501 _ 1.458 by the way its a WEEKLY ORDER BLOCK there! we want to see price go the UPPER MPL and NOT ENGULFE this mpl and go right to this area (about 1.500) and BOOM!!!!
we are buyer here about 1.496!!!
helped by priceaction and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT
sincerely BEARBOURSE