Trading Idea - #Cardano #ADAUSD
The time has come to launch another attack.
- With the drop below 1.00 USD, there was a strong upward momentum. The correction at the 38% Fibonacci level indicates the continuation of the upward movement.
- As a reminder, correction to 38% indicates a strong trend and a continuation.
The resistance at 1.40 USD is as tough as concrete for sure! We already had a test of this level on April 29, 2021.
- With renewed momentum from the correction, it should be possible. Then the goal is 1.50 USD!
I wish you success!
- With the drop below 1.00 USD, there was a strong upward momentum. The correction at the 38% Fibonacci level indicates the continuation of the upward movement.
- As a reminder, correction to 38% indicates a strong trend and a continuation.
The resistance at 1.40 USD is as tough as concrete for sure! We already had a test of this level on April 29, 2021.
- With renewed momentum from the correction, it should be possible. Then the goal is 1.50 USD!
I wish you success!
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