Cardano can fall to support line and then continue to rise
Hello my friends, today I want to talk to you about ADAUSDT.
I made a few conclusions about Cardano.
Recently, price bounced from old resistance level and fell to support area.
After this Caradano started trades inside of upward channel.
At the moment price continues trades middle of upward channel.
Price can fall to support line of upward channel which coincide with support level at $0.32
Then I expect that Cardano can make retest of support line and then continue to rise.
For this reason, I set up two targets at $0.3460 and $0.3680 levels.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
I made a few conclusions about Cardano.
Recently, price bounced from old resistance level and fell to support area.
After this Caradano started trades inside of upward channel.
At the moment price continues trades middle of upward channel.
Price can fall to support line of upward channel which coincide with support level at $0.32
Then I expect that Cardano can make retest of support line and then continue to rise.
For this reason, I set up two targets at $0.3460 and $0.3680 levels.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.