Cardano / TetherUS

Weekly Analysis of Cardano

Hello and greetings to dear followers,

This is a simple and effective analysis of the weekly Cardano chart, clearly highlighting excellent buying opportunities. Based on the market value of the cryptocurrency, we have updated and published this analysis.

Chart Overview:

Monthly Liquidity Level: The monthly liquidity is $0.2756.
Buy Zone: The weekly buying zone is $0.2096, and the likelihood of the price reaching this level is very high.
When the price approaches these areas, we will enter a buying position upon receiving daily confirmation. Given the CHoCH (Change of Character) on the weekly chart, it’s not unexpected for the price to reach these levels to attract the necessary liquidity for a new peak, and this time we could witness an exceptional position for this asset!

Position Update:
I will regularly update my selling positions in the 4-hour and daily time frames, and I will republish this analysis along with those updates.

Risk Disclosure:
This analysis is intended solely for informational purposes and should not be considered financial or investment advice. Trading in financial markets carries risks and may result in the loss of your capital. Therefore, I kindly ask you to conduct the necessary research before making any investment and to enter trades with full awareness.

Thank you, and I wish you success!
Fereydoon Bahrami