Many reasons to be bullish on Cardano
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With the 2.236 and 2.24 target getting closing its time to takesome profits.
Exit
Question is: What is the better way to draw FIBO Targets? From highest high to lowest low of a prior correction or from highest POC to lowest POC? Volume is key and the 1.61 target at 1.83 was valid (which was projected from highest to lowest POC on 90 min chart)
Setup:
On 13. of may there way another upmove right after the consolidation that happend two years ago (red seasonality line)
Market Cipher Indicator or simply buying at a prior low told me the entry setup.
Entry:
Price Action bars like PIN BARS or SHAVED BARS provided low risk entry spots.
Exit
Question is: What is the better way to draw FIBO Targets? From highest high to lowest low of a prior correction or from highest POC to lowest POC? Volume is key and the 1.61 target at 1.83 was valid (which was projected from highest to lowest POC on 90 min chart)
Setup:
On 13. of may there way another upmove right after the consolidation that happend two years ago (red seasonality line)
Market Cipher Indicator or simply buying at a prior low told me the entry setup.
Entry:
Price Action bars like PIN BARS or SHAVED BARS provided low risk entry spots.
Nota
2.24 targetreached
Penafian
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