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Cardano Short-Term Updated (New Bullish Signals)
Cardano
Long
Cardano Short-Term Updated (New Bullish Signals)
By AlanSantana
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Updated
Jul 11, 2022
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Jul 10, 2022
This is an update to the trade idea published 8-June for Cardano (ADAUSD).
We have new bullish signals.
We have this ascending channel working as a rising consolidation range, what I call bullish consolidation.
We have a higher low today, 10-June, compared to 30-June.
The higher low candle, a -8 Doji, has the highest volume since 10-June, signaling strong buying pressure.
We continue bullish and expect prices to grow based on the data coming from this chart.
Namaste.
Jul 11, 2022
Comment
The ascending channel has been broken.
The main support remains active, 30-June low.
Bullish above this level ($0.4353).
Bearish below this level.
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