Cardano finally on a buy signal after a long period since the previous sell signals averaging around the $2.30 mark all the way back in September 2021. Target around the three day baseline at $1.50. I suspect a slight pullback here as the market cools down for maybe a few days before pushing up higher. Risk is currently at 100 so take that into account when managing entry and position size, price to the current base is 17% so some room for a pullback but given the right market conditions this could just push higher and leave you waiting.
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Explore markets with me - cryptodontrading.com
Check out the TDR & TDV Indicators for long term trades - cryptodontrading.com/cd-indicators
Check out the TDR & TDV Indicators for long term trades - cryptodontrading.com/cd-indicators
Disclaimer
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.