Hello Traders,
Looking at the 4 hour chart, we see that inverse head and shoulder pattern is taking place for Cardano (ADABTC).
I would expect it to dip and find EMA50 line as a new support.
Good entry point is around 2200-2300 satoshi range.
Cardano is a very promising project and tackles many problems in blockchain technology.
If you are short-term trader, I would cash out around 3800 satoshi (70% profit).
Personally, I would buy it at the dip and wait until it reaches to $1. (450% profit)
Happy trading!
Looking at the 4 hour chart, we see that inverse head and shoulder pattern is taking place for Cardano (ADABTC).
I would expect it to dip and find EMA50 line as a new support.
Good entry point is around 2200-2300 satoshi range.
Cardano is a very promising project and tackles many problems in blockchain technology.
If you are short-term trader, I would cash out around 3800 satoshi (70% profit).
Personally, I would buy it at the dip and wait until it reaches to $1. (450% profit)
Happy trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.