Potential Cardano Short Trade
Cardano is currently in a descending wedge on the daily timeframe. This zone has had nice tight, and compact movement. (respecting the trend, and reacting accordingly)
The pattern is bullish, but the price action has been bearish. While everyone has turned bullish, it feels prime for a great opportunity to go short.
I would like to see a drop back to the lower support for a decent short trade.
(This is just an idea, and not financial advise.)
The pattern is bullish, but the price action has been bearish. While everyone has turned bullish, it feels prime for a great opportunity to go short.
I would like to see a drop back to the lower support for a decent short trade.
(This is just an idea, and not financial advise.)
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