Cardano - time for a correction 😲❓

١٧ أغسطس ٢٠٢١

There has been a lot of attention on Cardano lately. Based on fundamentals, the price has been rising on the back of good news. Based on the technical picture, the price was pushing towards 1.5$ and after the breakdown, it showed good gains. Together with all these factors, the price went up by 50% after the breakdown of the important 1.5$ level.

Bitcoin is now in a downward movement, along with almost all altcoins, Cardano is no exception.
It is very likely that the price of Cardano will go into a correction. If the price breaks the support level of 2.03$, the next stop will be the area marked below.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

١٨ أغسطس ٢٠٢١

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