Cardano broke through a former resistance level of 0.00001080 to 0.00001090 and now is retesting the level as a support. The resistance level rejected the price numerous times in the past and should serve as a strong support level. If the support level holds, Cardano could test the former highs.
Trade closed manually
Cardano almost hit the first just; it missed it by just a hair. I would lock in part of my position as it appears that the price is being rejected by the resistance and may continue to move downwards.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.