Cardano form an accumulation zone!!! Interesting trade!!!

Dec 23, 2020

In H8 timeframe, we see that Cardano still bullish toward the $0.23 cents in medium term. Also, I add this support line and we see that Cardano respect that psycological zone to bought. But we see this trade to get an opportunty.

Now, I put a buy order limit at $0.1530 cents with a SL at $0.1415 cents. And my own target will be $0.1770 cents.



Now, for holder and investor, we see that Cardano still bullish!!!

What do you think of ADA/USD respect my analysis?

Dec 23, 2020

Trade closed: stop reached

Ok, Cardano touch the SL. Dont trade it for now. Maybe that couls be manipulation!!!

Dec 23, 2020

Trade active

I reactivated again my long poaition in ADA. Bought in the market price tlward a target for 0.1770 cents and the SL will be 0.1380

Dec 23, 2020

Trade closed manually

ADA is not sure to trade long position!!! Beware. I reccomend to closed up your long position inmediately. I dont like what Cardamo make the next movement, it's turn bearish.