Hello everyone
As we discussed in the previous analysis, the price of cardano had formed a rising wedge patterm, and it had broken the support of the pattern. As I mentioned, I was expecting a retracement to the 0.618 fibonacci level to position myself short to the -0.272 fibionacci level.
You can leave your opinion below, thanks
Trader Dark Eyes
Sell Cardano:
Entry price: 2.942
Take profit: 2.737
Stop loss: 2.974
Risk / Reward: 6.41
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels and patterns
As we discussed in the previous analysis, the price of cardano had formed a rising wedge patterm, and it had broken the support of the pattern. As I mentioned, I was expecting a retracement to the 0.618 fibonacci level to position myself short to the -0.272 fibionacci level.
You can leave your opinion below, thanks
Trader Dark Eyes
Sell Cardano:
Entry price: 2.942
Take profit: 2.737
Stop loss: 2.974
Risk / Reward: 6.41
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels and patterns
Dagangan ditutup: sasaran tercapai
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.