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Technical analysis by fereydoon1199 about Symbol ADA: Sell recommendation (2/12/2025)

https://sahmeto.com/message/3242831
fereydoon1199
fereydoon1199
Rank: 27072
0.6
Sell،Technical،fereydoon1199

Hello dear traders,This is an analysis of the cryptocurrency Cardano, for which I am providing you with an updated daily analysis. Cardano is currently in a corrective trend and the daily buying zone is currently far from us. An excellent selling zone is marked on the chart. Once the price reaches this zone, we can enter a selling position with technical confirmation. If we do not have technical confirmation, we should also expect a new peak. However, considering the total crypto analysis, which is currently bearish, this cryptocurrency is likely to also trend downwards.Daily Supports:Daily Support: 0.3730Daily Range: 0.3393Monthly Liquidity : 0.2756 Wishing you all the success!Fereydoon BahramiA retail trader in the Wall Street trading Center (Forex)Risk Disclosure:Trading in the crypto market is risky due to high price changes. This analysis is just one person's opinion and shouldn't be taken as financial advice. Before investing, it's best to talk to a financial advisor and do your own research. You are responsible for any profits or losses from this analysis

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.76149
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