#Cardano Analysis🧩 //
We've seen the $1 level pushing multiple times the Cardano's price up...The last time was 19days ago since then, the
ADA price went all the way up to $1.4880 But the price couldn't break that resistance at this previous level and we see the price making a retracement bouncing over the $1.280
support level... For a long Buyer needs to wait for a break of the descending daily trendline and a retest of our previous sideways range resistance to go long.
At the moment Cardano's price is at a bearish market.
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ISMASHPROFIT đź’Ž
We've seen the $1 level pushing multiple times the Cardano's price up...The last time was 19days ago since then, the
ADA price went all the way up to $1.4880 But the price couldn't break that resistance at this previous level and we see the price making a retracement bouncing over the $1.280support level... For a long Buyer needs to wait for a break of the descending daily trendline and a retest of our previous sideways range resistance to go long.
At the moment Cardano's price is at a bearish market.
-----
ISMASHPROFIT đź’Ž
iSmashProfit
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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.
iSmashProfit
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.