👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of Cardano (ADA-USD) with you.
Looking at the Cardano chart, I expect that if we close the weekly candle above 0.622, the price could increase towards the target of 0.8939. However, if the weekly candle closes below 0.622, I anticipate further price decline with a target of 0.4570.
📉 Expectation:
Bullish Scenario: Weekly close above 0.622 → price moves towards 0.8939.
Bearish Scenario: Weekly close below 0.622 → price declines towards 0.4570.
💡 Key Levels to Watch:
Support: 0.4570
Resistance: 0.622, 0.8939
💬 What do you think about Cardano (ADA-USD) this week? Let me know in the comments!
Trade safe
Hello, everyone! I hope you're doing well. I’d like to share my analysis of Cardano (ADA-USD) with you.
Looking at the Cardano chart, I expect that if we close the weekly candle above 0.622, the price could increase towards the target of 0.8939. However, if the weekly candle closes below 0.622, I anticipate further price decline with a target of 0.4570.
📉 Expectation:
Bullish Scenario: Weekly close above 0.622 → price moves towards 0.8939.
Bearish Scenario: Weekly close below 0.622 → price declines towards 0.4570.
💡 Key Levels to Watch:
Support: 0.4570
Resistance: 0.622, 0.8939
💬 What do you think about Cardano (ADA-USD) this week? Let me know in the comments!
Trade safe
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.
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.