ADA/USD 4hr - Watch for test/breakout
As seen on the 4hr, cardano's been bouncing off this upper trend line. Watch the green circle in the next 8-12 hours. We're looking for a breakout of this trend to signal an opprotunity for a long position. If the trend holds, expect a bearish movement toward the resistance line.
Congrats to all the lucky ones that bought the resistance bounce. If you've been trading the 15, it's probably not a bad idea to take a portion of your profits before the trend line hit.
Think logically, question everything and do your own due diligence.
Do not base your decisions on this alone, it is a tool to help formulate your own opinion.
Congrats to all the lucky ones that bought the resistance bounce. If you've been trading the 15, it's probably not a bad idea to take a portion of your profits before the trend line hit.
Think logically, question everything and do your own due diligence.
Do not base your decisions on this alone, it is a tool to help formulate your own opinion.
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