Hi friends! I don`t even image how large will be the movement after such BIG triangle breakout! We must not miss the entry point, so I have 2 scenarios for you to pay attention to.
📊 The 1st scenario is a long after the liquidity collection below the triangle. The preconditions to open a long are: 🔥 false breakout of the triangle 🔥 the liquidity collection below the $0.4 key level. 🔥 volume growth which confirms the whales pressence 🔥 bulish BTC help altcoins easilly make +50-100% in a week after such the manipulation
If this scenario confirms, the price of Cardano reach at least $0.5-0.6-0.7 key levels.
📊 The 2nd scenario is the short one. After the pullback the price return to the lower boundary of the triangle. It`s the $0.44-0.45 value area. Here we can idetify the reversal point. The preconditions to open a short are: 🔥 test of the lower boundary of the triangle as the resistance 🔥 DOM and Footprint show huge SELL orders 🔥 bearish BTC pull all alts DOWN
The ADA will fall to $0.25-0.3 area If this scenario happen and the whales decline to support the price.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.