Cardano is in a strong down trend. In the multi time frame analysis, we see a line down trend on H4 trend, and also on H1.
What matters is what Price action will show on the lower time frames.
At this time, we prefer a drop to 1.05 and below $ 1. An alternative scenario is a turn up and a rise to 1.16 and further above 1.26.
Do not trade without proper rules based strategy. Never!
What matters is what Price action will show on the lower time frames.
At this time, we prefer a drop to 1.05 and below $ 1. An alternative scenario is a turn up and a rise to 1.16 and further above 1.26.
Do not trade without proper rules based strategy. Never!
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.
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.