Michael_Winner

Cardano can drop to the bottom of the range

WHITEBIT:ADAUSDT.P   Cardano perpetual contract
Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of ADA/USDT.
I draw your attention to the graph, where we can see how the price trading in the range.
Now the price is close to the resistance level.
The price can rise to the resistance level and test it, after which the price can bounce back and start to fall.
In my opinion, after retest of resistance line, the price can drop.
I decided to set 2 targets.
1st goal I see at the level $0.3100, the next target is at the bottom part of the range at a level $0.2985.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.