Cardano - Intraday - We look to Buy a break of 2.202 (stop at 2.132)
Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.
Our profit targets will be 2.398 and 2.448
Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900
Daily signals are mildly bullish.
We are trading at oversold extremes.
Posted a Double Bottom formation.
A break of bespoke resistance at 2.200, and the move higher is already underway.
Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible.
Our profit targets will be 2.398 and 2.448
Resistance: 2.200 / 2.300 / 2.400
Support: 2.100 / 2.000 / 1.900
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