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The 15-minute chart of Cardano (ADA/USDT) shows a rising wedge pattern, a bearish signal. The price breaks below the wedge support, suggesting a downward move. The red zone marks the stop-loss area. Indicators like MACD and RSI show bearish divergence, supporting a potential downtrend. The yellow arrows indicate expected price movement post-breakdown.
Entry Price: 0.5874
Targets:
1st TP $0.5710
2nd TP $0.5551
3rd TP $0.5412
Levarage : 5X
This is my personal prediction, but as we all know, the crypto market is highly volatile. Always do your own thorough research before making any decisions. To manage risk effectively, use only 5% of your portfolio, avoid high leverage, and proceed with caution. Implement the DCA method and focus on risk management to protect your capital while navigating market fluctuations.
$ADA
Join my Binance Live for real-time market analysis, or check out my bio for more details.code:output: Coin Name: #ADA
Position: Short
This 15-minute chart of Cardano (ADA/USDT) shows a rising wedge pattern, a bearish signal. The price breaks below the wedge support, suggesting a downward move. The red zone marks the stop-loss area. Indicators like MACD and RSI show bearish divergence, supporting a potential downtrend. The yellow arrows indicate expected price movement post-breakdown.
Entry Price: 0.5874
Targets:
1st TP $0.5710
2nd TP $0.5551
3rd TP $0.5412Levarage : 5X
.
This is my personal prediction, but as we all know, the crypto market is highly volatile ⚡. Always do your own thorough research before making any decisions ?. To manage risk effectively, use only 5% of your portfolio ?, avoid high leverage ?, and proceed with caution ⚠️. Implement the DCA method ✅ and focus on risk management to protect your capital ? while navigating market fluctuations ??.
$ADA
Join my Binance Live for real-time market analysis, or check out my bio for more details.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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