Cardano (ADA) failed to close above a large value zone through not enough number of buyers. Traders who were opened long positions in this value zone also wanted to close their positions at breakeven ($1 level), which also caused the price to fall.
The price is squeezing below the global trendline now. Before reaching the $1 level, we expect liquidity collection at $0.746, after which price could go up.
After the liquidity collection, the BIG players will probably take their long positions, and we will possibly do the same.
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.
The price is squeezing below the global trendline now. Before reaching the $1 level, we expect liquidity collection at $0.746, after which price could go up.
After the liquidity collection, the BIG players will probably take their long positions, and we will possibly do the same.
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.
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.