Cardano price action (1hr chart) is caught up
in the ascending triangle (bullish) between
EMA 200 (blue) that act as a resistance
and EMA 50 (orange) that act as a support.
Will it be able to get past the resistance
and break out at D or will it maybe complete
ABCDE to generate more power and momentum
before it break out to the top ....
Always wait for confirmation before
taking any action.
No financial advice
Educational purposes only
in the ascending triangle (bullish) between
EMA 200 (blue) that act as a resistance
and EMA 50 (orange) that act as a support.
Will it be able to get past the resistance
and break out at D or will it maybe complete
ABCDE to generate more power and momentum
before it break out to the top ....
Always wait for confirmation before
taking any action.
No financial advice
Educational purposes only
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.