In the morning in my Ethereum trade, I send a message in the commentbox that I want to add a long position in Cardano .

So, I want to show you what happen in this technical analysis .

As I share my weekly and monthly analsyis, it’s considered a bullish momentum. Right now, in H4 Cardano make support above of the 0.382% of Fibonacci level without using resistance or support.

Also, I want to share my Daily analysis here as I have some information in that. As we forming a bullish rising wedge . This it’s a bullish pattern , but now, I want to still pending in the EMA 200 to know what will be the reaction. If Cardano break up the EMA 200 around of $1.26 USD. This it’s a clear signal that bull return to the trend. In otherwise, if doesn’t break up the EMA 200. This could to work like resistance.

So guys, from H4 timeframe it’s bullish . I’m bullish in Cardano . Now, As I entry in the early around $1.126 USD. And I put my SL to $1.05 USD and also, I PUT my target to $1.26 USD So guys, this trade has a risk/benefit 1:2.

Good luck!!!!