🔥CARDANO IS MOVING IN WEDGE: OPEN THIS TRADE ON FALSE BREAKOUT

٢٧ يناير ٢٠٢٣

🔥Hi friends! Cardano is moving inside the wedge and going to break it up before the dump. That is what I think to happen with high possibility.

📊 MY TRADING PLAN FOR ADA:
1. false breakout of the $0.44 local highs
2. volume growth+huge whales sell orders at highs
3. bearish BTC (approx. $25-27k)

🚩 I will decline the dump scenario if it becomes to consolidate above the key level of $0.44. In this case, it will be better to find the long entry point.

✅ MY TARGETS FOR ADA:
1. $0.4-0.41 - the value area
2. $0.38 - the key level
3. $0.31-0.32 - the value area

Traders, you can open a long trade inside this wedge and wait for reaching the $0.44 key level. You need some preconditions to enter a trade and short sl to maximize profit, of course. Share your trading plans in the comments!

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.