Keep an eye on Cardano - nice long setup coming ?

Cardano is obviously in nice uptrend and current short term downtrend is very weak, with low and decreasing volume. Very strong support is at 1400 - 1300 satoshis, I personaly have limit orders in that grey box. My target will be at 1850 satoshis, stop loss slightly below 1300 satoshis, so RRR is over 4,0 and that very, very nice.

Trade attivo:

Limit order filled.

Commento:

Nice bounce from our support zone, buying volume is stepping in, we are already above some local trendline, but we have to create higher high.

Trade chiuso: stop raggiunto:

Stop loss reached.