CardanoSingkat
ADA/USD Sell Opportunity?
If you have been following my analyses on ADA/USD, you know that my favorite crypto pair to analyze and predict future moves for the whole cryptocurrency market is Cardano.
In my previous analysis, I predicted the end of Cardano's 5th wave to the upside which reached 2.43000, and we know that after finishing 5 waves up, we expect at least a correction to the downside before thinking about any change in trend.
Now looking at the 4H chart, ADA/USD finished 5 waves inside the triangle (ABCDE) and retested it with a bearish continuation formation, hence I think that the price may continue for more downside towards possibly retesting 1.10000 as our first target.
In my previous analysis, I predicted the end of Cardano's 5th wave to the upside which reached 2.43000, and we know that after finishing 5 waves up, we expect at least a correction to the downside before thinking about any change in trend.
Now looking at the 4H chart, ADA/USD finished 5 waves inside the triangle (ABCDE) and retested it with a bearish continuation formation, hence I think that the price may continue for more downside towards possibly retesting 1.10000 as our first target.
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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.
Penerbitan berkaitan
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.