Cardano update
the price is overall bullish and last night I shared an update about the previous day and week's highs getting swept.
the price will take a while to go and actually reach that zone for possible sales and we can take advantage of this bullish move.
the price took external liquidity and currently heading to take the external low as well( E to E sweep).
so this a very risky trade due to price can easily run the liquidy and go deeper.
but I set a limit after the sweep of the weekly low that has not been yet swept, for a possible bullish momentum toward the upside.
targeting 1:2 and stop loss below the previous week's low.
this is not a piece of financial advice just my personal opinion.
Best of luck traders.
the price will take a while to go and actually reach that zone for possible sales and we can take advantage of this bullish move.
the price took external liquidity and currently heading to take the external low as well( E to E sweep).
so this a very risky trade due to price can easily run the liquidy and go deeper.
but I set a limit after the sweep of the weekly low that has not been yet swept, for a possible bullish momentum toward the upside.
targeting 1:2 and stop loss below the previous week's low.
this is not a piece of financial advice just my personal opinion.
Best of luck traders.
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