The large-degree correction of Cardano began from the point where we placed the red arrow on the chart.
For now, this correction appears to be an ABC pattern, where wave B formed an expanding triangle that has already completed.
It is expected that the price will remain bearish for several months until wave C of the larger degree develops.
A weekly candle close above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
For now, this correction appears to be an ABC pattern, where wave B formed an expanding triangle that has already completed.
It is expected that the price will remain bearish for several months until wave C of the larger degree develops.
A weekly candle close above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
💎Join our Telegram channel for real-time crypto insights 👉 t.me/Behdark_EN
💎More charts. More insights. only on our Telegram:
Free membership: t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
💎More charts. More insights. only on our Telegram:
Free membership: t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
