🔥Hi friends! Cardano is moving inside the wedge and going to break it up before the dump. That is what I think to happen with high possibility.
📊 MY TRADING PLAN FOR ADA: 1. false breakout of the $0.44 local highs 2. volume growth+huge whales sell orders at highs 3. bearish BTC (approx. $25-27k)
🚩 I will decline the dump scenario if it becomes to consolidate above the key level of $0.44. In this case, it will be better to find the long entry point.
✅ MY TARGETS FOR ADA: 1. $0.4-0.41 - the value area 2. $0.38 - the key level 3. $0.31-0.32 - the value area
Traders, you can open a long trade inside this wedge and wait for reaching the $0.44 key level. You need some preconditions to enter a trade and short sl to maximize profit, of course. Share your trading plans in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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