Cardano / TetherUS
Formación

Importance of 50%, in MC

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As we analyzed before (read here), the price movement on Cardano has been completed. It is trending upward now.

The main entry point for the ARZ Trading System is when we have a pullback from more than one S&R level on the border of drawn MC boxes (#1). Either MC, LTP or UTP.
Here we see sometimes this alignment will happen on 50% of the boxes, which is acceptable when it is in the direction of the major and minor trend (#2 & #3).

Watch 4H:
- Strong Bullish: Target 1: $0.9414, Target 2: $0.9890
- Strong Bearish: Target: $0.8459

Keynote: until the minor trend is not violated, the next target points are based on the base MC box size.

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