Cardano / TetherUS

ADA is still bearish

1 000
Cardano has bearish structure and is now creating a pullback in the internal structure.

The red area is where we look for sell/short positions.

The targets are marked on the chart.

Closing a daily candle below the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

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.