jojofang0901

CARDANO Look for these 2 buy opportunities

Long
BINANCE:ADAUSD   Cardano

Hello everyone:

ADAUSD is currently in a big HTF correction, and certainly can expect a resume of the bullish trend when this correction completes.

We can see that price has been pushing up impulsively from previous corrections. Currently price is in this larger correction, consolidating.

This is a good indications that price is preparing for the next bullish run. What we need to wait for is the completion of this HTF structure.

Either price can now move down once more correctively, and hit the bottom of the HTF structure before reversing up,
or
we can expect price to breakout from this LTF correction, then look for further continuation correction for the buy.

Thank you

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