Cardano / TetherUSShort
Suggest a short position for Cardano
As you can see in the chart, in the previous 12-hour timeframe and candlestick,
the price crossed the simple moving average line of the Bollinger Bands, and in the current candlestick it is still falling.
Orange lines are supports and resistances.
Due to the small volume of transactions in this time frame and the average decreasing volume,
in the proposed short position, the first target can be considered as 0.14887 and the next target as 0.14097.
About 9% profit.
Good luck.
the price crossed the simple moving average line of the Bollinger Bands, and in the current candlestick it is still falling.
Orange lines are supports and resistances.
Due to the small volume of transactions in this time frame and the average decreasing volume,
in the proposed short position, the first target can be considered as 0.14887 and the next target as 0.14097.
About 9% profit.
Good luck.
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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.
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.