In our last Cardano analysis, we broke out of the descending trend and we were expecting a retracement. Since then, we got a really clean retracement leading to double bottom. We have a nice trendline in place which we can monitor for a break.
See linked chart for our previous analysis.
Trade Idea:
- Enter on break of descending trendline
- Stops below the recent lows
- Targets: Targets: 1.6, 2.5, ATH, HODL
Goodluck and as always, trade safe!
See linked chart for our previous analysis.
Trade Idea:
- Enter on break of descending trendline
- Stops below the recent lows
- Targets: Targets: 1.6, 2.5, ATH, HODL
Goodluck and as always, trade safe!
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