Hey Trader!
In this analysis, I want to show why it's time to short Cardano. We have a resistance level at 1.382 which is a resistance level in the latest bearish trend. If we then look at the recent past we see a head shoulder head formation which ended bearish. Cardano is going to fall a lot more because there is not a solid support where the price can get a support push. This means that Cardano will fall and move in a triangle which it will then break.
I hope this analysis inspired you!
In this analysis, I want to show why it's time to short Cardano. We have a resistance level at 1.382 which is a resistance level in the latest bearish trend. If we then look at the recent past we see a head shoulder head formation which ended bearish. Cardano is going to fall a lot more because there is not a solid support where the price can get a support push. This means that Cardano will fall and move in a triangle which it will then break.
I hope this analysis inspired you!
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.