🔥THE NEXT BIG MOVE OF CARDANO IS COMING❗
🔥 Hi friends! Cardano is looking more weakly then any other top altcoins, but I recommend you to pay attention to it. It is in such moments of "calm" that the big players gain positions in the range.
Now the price is consolidating under the key level and before the growth we want to see the removal of stops of long traders from below. This is where there will be a good opportunity to open long trades.
Also, the next good opportunity is to open deals on the squeeze to the trend line. Here I want also to see the local manipulation to scare the retail traders and after that open a safety long trade.
đź“Š MY TARGETS FOR CARDANO:
1. $0.37 - the key level
2. $0.4-0.41 - the value area
đźš© This 2 targets will be the massive resistance for the price, so the price pullbak is really possible after some false breakouts. I show example of this on the chart. Nice opportunity to open a hort or to book the whole profit at least.
3. $0.44-047 - the massive value area
You can see on the volume indicator how the whales distribute the ADA coins at highs, so when you will see such huge bar the next time, you will be sure that it's time to book some profit.
âś… Traders, I personally use the DOM and Footprint so long and can say that these are the most useful indicators for tracking the whales and their positions. I have a lot of free video tutorials about them, so enjoy it and make money.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Now the price is consolidating under the key level and before the growth we want to see the removal of stops of long traders from below. This is where there will be a good opportunity to open long trades.
Also, the next good opportunity is to open deals on the squeeze to the trend line. Here I want also to see the local manipulation to scare the retail traders and after that open a safety long trade.
đź“Š MY TARGETS FOR CARDANO:
1. $0.37 - the key level
2. $0.4-0.41 - the value area
đźš© This 2 targets will be the massive resistance for the price, so the price pullbak is really possible after some false breakouts. I show example of this on the chart. Nice opportunity to open a hort or to book the whole profit at least.
3. $0.44-047 - the massive value area
You can see on the volume indicator how the whales distribute the ADA coins at highs, so when you will see such huge bar the next time, you will be sure that it's time to book some profit.
âś… Traders, I personally use the DOM and Footprint so long and can say that these are the most useful indicators for tracking the whales and their positions. I have a lot of free video tutorials about them, so enjoy it and make money.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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