Cardano is above the strong support level of $ 1, but it is likely that this support will be lost in the coming days. The reasons are explained below:
1-Squeezing the price above the support level
2-cross down the zero line in TSI indicator
3-Negative divergence in the RSI indicator
1-Squeezing the price above the support level
2-cross down the zero line in TSI indicator
3-Negative divergence in the RSI indicator
Trade closed: target reached
As previously predicted, Cardano lost its support level.
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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.