Hello dear traders. โก๏ธ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr.
๐ What to Expect Next? ๐กAs long as ADA is above the $0.5682 level, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. ๐Key Insights: ๐If the bulls stabilize the price above the 0.5682 area, the accumulated volume will activate the green scenario. ๐On the other hand, if the price fails to stabilize above the $0.61, second scenario is going to happen.
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
๐กThe bullish setup failed with the price falling and now we have to wait for the price to stabilize above the liquidity zone.โก๏ธ โ ๏ธThere is a possibility that the price will drop to $0.4 in the next day or two, so be patient for buying steps.โ ๏ธ
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๐The price of Cardano reached the specified liquidity zone due to the intensification of the selling pressure caused by the negative news of the Middle East. โ ๏ธImportant divergences are plotted in the graph. If the news does not intensify, the price seems to stabilize at the current level. ๐กIn case of any unexpected event, the price of Cardano will continue to fall to the level of 0.28 and then 0.2, โ ๏ธalthough this scenario is far from expected.โ ๏ธ Today I am trying to review important currencies and draw their important levels. Please support me. In the current market conditions, step buying (DCA Strategy) always had the best returns. โก๏ธNow the prices of cryptocurrencies have returned to the level of the last two to three months, so analyzing the current situation should be a priority for everyone.
โ ๏ธMarkets have experienced severe fluctuations since the beginning of the turmoil in the Middle East. If you are not a professional trader, do not trade until the end of the next two weeks and just watch the market. Trading in crisis conditions is the style of some short-term traders, which requires specialized risk and setup management tools.โ ๏ธ
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
๐As we discussed in the previous analysis, Cardano stabilized at its support level and experienced limited growth.๐ ๐กIn the last week, positive news has been published about Cardano, and this cryptocurrency has the potential to grow more than Bitcoin in the next week if โก๏ธthe cryptocurrency market does not decline any further. โ ๏ธ ๐Right now, the price of Cardano can advance to the specified levels with further stabilization inside the yellow zone. ๐The first upward step will be up to the level of 0.57 and after that the second step will be up to the level of 0.66.