Cardano(ADA): Looking For Smaller Recovery / Then Drop!
Cardano is showing some decent movement to the upper zones upon the new weekly opening.
Although we see a recovery, we are looking overall for further drops to happen here, as we had a clean breakdown of the trend and also 200EMA (which were broken without any struggle).
So we look forward to DCA-ing this one!
Swallow Team
Although we see a recovery, we are looking overall for further drops to happen here, as we had a clean breakdown of the trend and also 200EMA (which were broken without any struggle).
So we look forward to DCA-ing this one!
Swallow Team
Comment:
Cardano has been rejected from movement to the upper zones and is now looking to push here further towards the lower zones. We keep an eye on it, and if possible, we will be looking for a shorter or smaller timeframe!
Comment:
Cardano is still showing further demand for lower zones here.
We are keeping an eye on that zone of two orange lines, as if we break it, we will see good downward movement, but we also keep an eye on RSI and that 200EMA, as should all of you.
We are keeping an eye on that zone of two orange lines, as if we break it, we will see good downward movement, but we also keep an eye on RSI and that 200EMA, as should all of you.
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FREE: t.me/SwallowCryptoTeam