aloo2k

CARDANO - The level to hold...

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Hey everyone,

Cardano does not look good since the ETORO delisting. Even if the token is listed Bitstamp, the FUD is huge right now. This shows an opportunity.

Cardano has two supports in which I believe is the bottom for this correction: the support from the falling wedge and the 0.236 Fibonacci retracement level.

0.618 Fibonacci level is our next target in the short term. But I believe things can go crazy at the end of September to March.

Trade safely,

Aloo2k

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.