CARDANO SETUP - SHORT TO 0.82735 OR LONG TO 1.60000
Right here is an updated version of this pair.
As we can see, price is in an uptrend. Price has retested the support trendline three times.
There is a resistance line at 1.18122. Therefore, I expect price to bounce back to the lower trendline. Then from there, it either pump to 1.6 or dip to 0.82735.
The yellow lines are major support and resistance lines.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
As we can see, price is in an uptrend. Price has retested the support trendline three times.
There is a resistance line at 1.18122. Therefore, I expect price to bounce back to the lower trendline. Then from there, it either pump to 1.6 or dip to 0.82735.
The yellow lines are major support and resistance lines.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.