Cardano is Likely to Continue Up
Cardano is moving alongside an uptrend since November 1. Yesterday its prices touched the support of the uptrend and bounced to the upside. ‘Bullish engulfing’ candlestick pattern was formed, enforcing an upside scenario. It would be interesting to consider long trades at 0.3500 with a target at 0.3565, the high of July 14. The stop-loss could be set at 0.3340, the low of November 5.
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