Sanjan91

Cardano may have a pullback

Long
Sanjan91 Updated   
BINANCE:ADAUSDTPERP   Cardano / TetherUS PERPETUAL FUTURES
For 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it.

The sentiment is bullish , so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl to go long. Below the stop loss level, the token may have a major fall.
Trade closed: target reached: the levels worked perfectly. The stop loss level for longs was hunted but the price in 1 hr duration didn't close under that level.
Comment: All time high!. Wow.

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