Yuriy_Bishko

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

Long
Yuriy_Bishko Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
A trend line has been forming on the Cardano chart for a long time. It is currently acting as a strong resistance.
If Bitcoin rises or continues to consolidate, Cardano could follow the first scenario and break the trend line.
But it is also worth highlighting the second scenario, right now bitcoin looks very weak, and in case of a correction, Cardano will also correct. In that case, it is best to buy after a false breakdown of $1.8 level or after a breakout of the trend line.

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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.
Trade closed: target reached:
Time to close part of profit

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