Cardano - is approaching an important level !!!🚀🚀
After the recent fall, Cardano has formed a local trend line and is currently trying to reach the key level of $1.45. In case Ada approaches this level, 2 scenarios are possible:
1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target.
2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
1) If the price rises to this level and trades near it, it means that it is likely to be broken and this could be a good opportunity to enter on a breakdown and test this level as support with the above target.
2) If we see an increase in volume when we test $1.45, it could be a good opportunity to go short with a target below.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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