Cardano - 2 scenarios that will tell you what to do! 😉
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The whole market was expecting a correction, to buy bitcoins and altcoins at a discount, but the market is not going the way most people expect it to, and yesterday there was a very strong spike, bitcoin was up 18%, there were very many liquidations, which actually happened with altcoins as well.
What's on the Cardano chart? The price is also in a consolidation range, now it is close to the upper limit.
There are potentially 2 possible developments:
- first scenario, the price quickly approaches the upper boundary of the consolidation, makes a false break, and goes down
- second scenario, the price will squeeze near the upper boundary, make a breakdown, retest the upper boundary as support and go higher.
Write in the comments all your questions and instruments 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
What's on the Cardano chart? The price is also in a consolidation range, now it is close to the upper limit.
There are potentially 2 possible developments:
- first scenario, the price quickly approaches the upper boundary of the consolidation, makes a false break, and goes down
- second scenario, the price will squeeze near the upper boundary, make a breakdown, retest the upper boundary as support and go higher.
Write in the comments all your questions and instruments 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
Nota
price failed to reach the sell zone 
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