ADA, Cardano - 2️⃣ scenarios for long position
Price formed a clear resistance line. I see 2 scenarios for buying.
1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest)
2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32
This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade.
Write in the comments all your questions and instrument 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
1) We continue movement near to the level, make breakout, and make a retest of the resistance line. (Entry point after retest)
2) We'll come back(quickly) to a strong support zone. It will be a great entry point with SL lower than all 1.32
This idea not for people who want to buy and hold. It's idea for everyone who understands how to trade.
Write in the comments all your questions and instrument 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
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