$ADA #ADA 🚀
Direction: LONG
Entry zone: 0.178 to 0.180
Stop loss: 0.174
Target 1: 0.185
Target 2: 0.190
Cardano is trading near 0.179 dollars, up 4.22 percent in 24 hours, inside a range of 0.1713 to 0.1802 dollars, and the recent closes show buyers stepping higher, 0.1767, then 0.1785, then 0.1787, then 0.1789, then 0.1797. 🟢 My reading is that ADA is pressing its 24 hour high after a deep 7 day fall of 9.69 percent, because a steady climb of five closes in a row with no sharp rejection tells you buyers are in control of this range, even though the bigger trend is still down. A long from the current zone, with a stop below 0.174, targets 0.185 first and then 0.190 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does ADA break 0.185 tonight, or lose 0.174 first? 🤔
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.178 to 0.180
Stop loss: 0.174
Target 1: 0.185
Target 2: 0.190
Cardano is trading near 0.179 dollars, up 4.22 percent in 24 hours, inside a range of 0.1713 to 0.1802 dollars, and the recent closes show buyers stepping higher, 0.1767, then 0.1785, then 0.1787, then 0.1789, then 0.1797. 🟢 My reading is that ADA is pressing its 24 hour high after a deep 7 day fall of 9.69 percent, because a steady climb of five closes in a row with no sharp rejection tells you buyers are in control of this range, even though the bigger trend is still down. A long from the current zone, with a stop below 0.174, targets 0.185 first and then 0.190 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does ADA break 0.185 tonight, or lose 0.174 first? 🤔
Follow for more trades.
#Cardano #Crypto #FuturesTrading #TradingSignals
