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cardano is creating reversal head & shoulders
its trying to break up for a 1-1 extension for wave 2. (ABA correction pattern complete )
sell on a 5 sub wave pattern until we reach target wave 2. accumulating more and more until we reach the exit.
set your sell orders HIGHER and keep rebutting 1-2% dips to increase volume.
ADA has met a strong resistance at 0.40, it has been consolidating since then.
ADA has been weakening and expected to breach trend line (pink line) any time.
Sell on breach of pink like with target 0.32
The market gives us a good buy opportunity. The price bounces from the support zone formed by the uptrend line, SMA100,Patern . RSI, Parabolic confirms price reversal. MACD histogram supports possible upward movement. Pending orders for buy can be placed at 0.68037516 level with stop orders below the local swing low at 0.63037516level. This is a long term trade...