Cardano ( ADA ) 4h chart analysis
Hello traders, I hope you guys doing well.
* This is not a financial advice, use the idea with your own strategy and risk management *
Cardano been in a downtrend for so long and lets say last few weeks weren't its best days. Cardano has strong fundamentals and is a good project so Im willing to see some good moves from it.
as you can see we made a new low today, near 2 weeks ago low, we are currently on a support zone, this zone has been acting really strong so far. I believe we should start moving toward higher prices soon and we should breakout of channel eventually.
* This is not a financial advice, use the idea with your own strategy and risk management *
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
* This is not a financial advice, use the idea with your own strategy and risk management *
Cardano been in a downtrend for so long and lets say last few weeks weren't its best days. Cardano has strong fundamentals and is a good project so Im willing to see some good moves from it.
as you can see we made a new low today, near 2 weeks ago low, we are currently on a support zone, this zone has been acting really strong so far. I believe we should start moving toward higher prices soon and we should breakout of channel eventually.
* This is not a financial advice, use the idea with your own strategy and risk management *
I'm writing about most of crypto currencies;
Follow me on TRADINGview so you wouldnt miss out any updates.
Like if you think this was helpful and let me know on the comment section below.
Note
What I personally like to do is to add more cardano and stake them.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.