NEXT POSSIBLE MOVE FOR CARDANO
Updated
This last week we have seen a great upside to Cardano with a great 15% gain. As for all big upsides there is bound for some retracements to find support. We can see on the 1 hour timeframe that there is a lot of resistance at the 0.29 area.
From what I see there is two possible outcomes:
1: Cardano retests 0.2750 before heading towards another shot at the resistance area.
2: It has already hit support and already going towards the 0.29 area.
From what I see there is two possible outcomes:
1: Cardano retests 0.2750 before heading towards another shot at the resistance area.
2: It has already hit support and already going towards the 0.29 area.
Trade closed: target reached
Congratulations to those who went in on a long position, I took out some profit but I stil have my position open because I see great momentum, but be on a look out for small leg down.
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