Cardano reached my second take profit. After such a strong momentum movement overtook XRP in the list of the largest cryptocurrencies and took 6th place.

🚩What are the preconditions for a local correction?
🔶Breakout of the trend line and test it as a resistance.
🔶Rising volumes on the previous momentum. Indicates that a major player made a big sell-off.
🔶Weakness of altcoins to the Bitcoin.
🔶Bitcoin weakness near the $30K level.
🔥Fuel for the fall, will be traders who bought Cardano on rising momentum. In case of fall they will close their longs at loss and pushing the price down.
📊Targets:
0.51-0.54 - local target
0.45-0.47 - possible target
💻Friends, press the "like"👍 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.

🚩What are the preconditions for a local correction?
🔶Breakout of the trend line and test it as a resistance.
🔶Rising volumes on the previous momentum. Indicates that a major player made a big sell-off.
🔶Weakness of altcoins to the Bitcoin.
🔶Bitcoin weakness near the $30K level.
🔥Fuel for the fall, will be traders who bought Cardano on rising momentum. In case of fall they will close their longs at loss and pushing the price down.
📊Targets:
0.51-0.54 - local target
0.45-0.47 - possible target
💻Friends, press the "like"👍 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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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。