ðĨHi friends! Seems lika Cardano as many other altcoins show the weakness. A lot of things depends on BTC mood, especially on the bear market. If you are beginner and it's first your bear market, you should learn carefully what I said in previous and upcoming ideas.
â A lot of people can confuse their trading skills to the bull market, but the bear market clearly give you the undertanding of trading and force you to open eyes widly.
ð THE MAIN PRECONDITIONS TO OPEN A LONG: ðĨ squeeze to the trednline ðĨ local manipulations by the whales: spike, sl collections, false breakout of $0.31 key level ðĨ bullish BTC
ðĐ Just take a look on the volume indicator. The buyers were liquidated after the previous liquidations of sellers. This PUMP-DUMP works perfectly for the whales. I use DOM and Footrpint to track such manipulations on the chart and open the treades with the whales in time. Very useful indicators that can increase your winrate by 25-35%.
â THE TARGETS FOR CARDANO: 1. $0.38 - the key level 2. $0.40-0.41 - the value area 3. $0.44 - the ley level and local high
Traders, don't forget about booking the profit by parts. Trading is about making money and not about close your trade at loss or breakeven.
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade