hey traders i hope you're all fine. here is my cardano chart.
as you can see price broke the downtrend channel again and so far out of the channel. but to me there is a descending wedge. if price hit the baseline of the wedge and bounce we'll be safe otherwise if that line broken next target may be the green rectangle.
have a nice trade
as you can see price broke the downtrend channel again and so far out of the channel. but to me there is a descending wedge. if price hit the baseline of the wedge and bounce we'll be safe otherwise if that line broken next target may be the green rectangle.
have a nice trade
Note
here is the reason of my green rectangleNote
i insist about the correction lolNote
hey traders wanted to share this pattern also. symetrical triangle has been valid so far. it may be broken up or down so keep in mind that red or black arrows Trade active
finally we have reached the green zone. its time to buy
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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.