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Cardano (ADA): Possible Failed Re-Test To Happen / Sell Momentum

Cardano had another rejection from EMAs, where the price is now re-testing the local broken zone (currently the support zone).

We are looking for a break in that zone, which would mean a failed re-test and a possible movement back to lower zones of liquidity here!

Swallow Team
Nota
snapshot
Cardano has made a nice 5% movement since yesterday testing again that broken zone.

Now we are looking for a break of that zone to happen and a possible downward movement to lower zones from there!
Nota
snapshot
Cardano has broken nicely that zone of support, resulting in a nice 9% of movement so far.

Price is back in the control of sellers so now we are looking for further movement to lower zones!
Nota
snapshot
Cardano also made a good rejection from 100EMA, where price fell back below our resistance zone and a movement to our liquidity zone has been filled nicely with 18% of market price movement!
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
SwallowAcademy
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.