WicktatorFX

CARDANO - Catch The Last Sell Off! ✅

BINANCE:ADAUSDT   Cardano / TetherUS
Cardano has been a disgusting downtrend since last year. We look to be coming to the end of this sell off, but not before one more opportunity to short.

We're currently in the 4th subwave of wave 5. Looking for one more drop for the 5th subwave completion, which will complete the entire 5 wave bearish wave.

8H


Trade Idea:
- On lower timeframe, watch for trendline break for confirmation of the start of the 5th subwave
- safe stops above the blue structure but you can go in for a more aggressive stop above recent highs
- Targets: Recent lows 0.40 and then actively manage your position until 0.20

Goodluck!

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