Cardano had a failed breakout above the Resistance Zone at $0.62, followed by several failed attempts to break it again. Does this mean we enter a long?
How do we trade this? 🤔
Entering a short right now is reasonable if you accept the low probability nature of reversal trading. The number of failures to break the resistance zone are great signals to enter a...
Cardano is racing toward the Resistance Zone after a successful break to the upside from last week's bull flag, as predicted in our last analysis. We're getting closer to resistance and the big question is, do we short it?
How do we trade this? 🤔
If you're still in a long from bull flag breakout, good! Don't exit yet as we have not seen a reversal signal. ADA...
Let's look at the Cardano coin (ADAUSDT) since it bounced and continues to down in the 4h timeframe, we can clearly see that the possible pattern that will form is head and shoulders. Any other opinion?
Risk disclaimer! just an idea, not an invitation to enter a position
Greeting from IRAN to whole trading community 💙✔
As i mentioned in my previous posts , Cardano has 2 major support resistance zone (1.35$ & 1.15$)
Cardano managed to breakout 1.15$ resistance level and has reached to its next level
Cardano has touched its next level (1.35$) with a beautiful pinbar candle which got engulfed with a strong full-body candle
In...
