Cardano, in our view, is currently within a major bullish structure, with wave D having just completed.
It now appears that the price is inside bullish wave E.
We have identified two specific entry levels for re-entering Cardano. At each entry level, you can take one step into a buy position.
The target is around \$1.20.
Please note that this analysis is based on the daily timeframe, so it may take some time to play out.
The invalidation level is the same as our stop loss. If this level is reached, the setup will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It now appears that the price is inside bullish wave E.
We have identified two specific entry levels for re-entering Cardano. At each entry level, you can take one step into a buy position.
The target is around \$1.20.
Please note that this analysis is based on the daily timeframe, so it may take some time to play out.
The invalidation level is the same as our stop loss. If this level is reached, the setup will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Disclaimer
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.