Cardano TA LONG TERM
Updated
Cardano fired a sell signal with weekly bearish divergences in SQ and OBV 2 months ago now testing 1.50 where is located EMA 55 weekly.
1.50- 1 USD is a key level in the long term. if cardano breaks this area closing a weekly candle below there . I am expecting a significant correction to 0.40 levels or lower.
Bullish:
Cardano holding 1 USD- 1.50 for months.
Bearish
Cardano breaking 1 USD closing weekly candle below there.
Good luck with your 10 usd target.. as many influencers were saying...
Don't get me wrong cardano in some point will do it maybe in 5 or 10 years.
1.50- 1 USD is a key level in the long term. if cardano breaks this area closing a weekly candle below there . I am expecting a significant correction to 0.40 levels or lower.
Bullish:
Cardano holding 1 USD- 1.50 for months.
Bearish
Cardano breaking 1 USD closing weekly candle below there.
Good luck with your 10 usd target.. as many influencers were saying...
Don't get me wrong cardano in some point will do it maybe in 5 or 10 years.
Trade active
As expected Cardano 1.50 and now breaking EMA 55 if this week Dec 04, 2021 close below 1.50 I am expecting 1 USD if this level breaks I am expecting a sell off all the way down to 0.40Note
Target 1 0.40 still in progress for now my TA is working as expected
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