Jimmy_Rebello

cardano ada, update

Long
BINANCE:ADAUSDT   Cardano / TetherUS

the down side move we estimated was fair enough but the price fails to break below 2.020
the price is consolidating within a pattern of triangle but the rsi showing rise in momentum
lets wait until it gives breakout above 2.150 level the breakout could result in 150points upside to 2.300
downside i am no longer interested in shorting because 2.000 is close by and favorable risk to reward we would get

based on current market structure this could be the possibilities im looking for longs


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.