Cardano
Long

ADAUSD LONG

265
Looking at this analysis, we can assume a long position for ADAUSD. The graph is between 0.5 and 0.618 Fibonacci level, an important turning area. On the same time it is bouncing both on a trend line (red dotted line), and on a resistance level, at 1.8210.

Stop Loss: 1.8200
Entry: 1.9542
Take Profit: 2.4924

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