Update on ADA
hello everybody.
tonight we have an update on Cardano and the price base on structure looks very bullish and could potentially go higher.
the price broke the recent structure and the green dots indicate our current range I also marked the liquidity above the demand zone and as soon as the price comes to the demand we will look at the price in the lower time frame and look for confirmation and if we saw one we can set an order and target the high of the range and catch a pretty good RR.
for now, we have to analyze the behavior of the price and see if it reaches our demand zone or not and be patient.
I will keep you updated.
tnx for reading <3
tonight we have an update on Cardano and the price base on structure looks very bullish and could potentially go higher.
the price broke the recent structure and the green dots indicate our current range I also marked the liquidity above the demand zone and as soon as the price comes to the demand we will look at the price in the lower time frame and look for confirmation and if we saw one we can set an order and target the high of the range and catch a pretty good RR.
for now, we have to analyze the behavior of the price and see if it reaches our demand zone or not and be patient.
I will keep you updated.
tnx for reading <3
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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.