So, bulls are defending the $1.90 USD zone, that it's a important support in the 0.618% of Fibonacci. Now, I look that Cardano could to continue up, today we have a bullish reversal, that it's a bull pattern. For that, I'm bullish in Cardano now.
So, in the past 3 hours, I put a long position at $2.06 USD, with the SL at $1.80 USD and my target will be $2.80 USD. Also, you can to large your target until $3 dollar, but I prefer to be conservative to take earnings.
Now, you can to buy Cardano sport now in your trading app if you don't buy Cardano yet.
Now, this timeframe it's very important to know in the next 4 hours to know if the H12 Candlestick or half day will closed up with a bullish signal, if that happen, Cardano could to continue up in short term. but I want to look this timeframe to look how the H12 Candlestick will closed up today.
So, in the past 3 hours, I put a long position at $2.06 USD, with the SL at $1.80 USD and my target will be $2.80 USD. Also, you can to large your target until $3 dollar, but I prefer to be conservative to take earnings.
Now, you can to buy Cardano sport now in your trading app if you don't buy Cardano yet.
Now, this timeframe it's very important to know in the next 4 hours to know if the H12 Candlestick or half day will closed up with a bullish signal, if that happen, Cardano could to continue up in short term. but I want to look this timeframe to look how the H12 Candlestick will closed up today.
Note
As update, I put a break even to $2 dollar to protect my earnings and lossing. For that, I update now. And also, I decide to large a little more my long position in Cardano toward $3 dollar, this it's my next target.
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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.
Related publications
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.