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Technical analysis by Altsignals about Symbol ADA on 3/3/2022

https://sahmeto.com/message/3364974
Altsignals
Altsignals
Rank: 15047
1.5

CARDANO - Primed For Breakout!

:Neutral
Price at Publish Time:
$0.90023
،Technical،Altsignals

In our last Cardano analysis we had 2 areas we were looking for a reversal. One of them was the structure level we are at now. We're on the 5th wave, which is often a descending correction. Currently in wave E and waiting for the breakout, indicating a bullish reversal. Trade Idea: - Watch for bullish price action within the wedge (possibly double bottom) - Enter with stops below the lows - Targets: 2.4, 3, manually manage the rest See below for our previous Cardano analysis: Goodluck!

Source Message: TradingView
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