1/ Cardano price is coiling up in a symmetrical triangle pattern, suggesting a breakout could occur soon.
2/ Since this technical formation has no inherent bias, ADA could head 18% in either direction.
3/ On-chain metrics reveal a breakout would favor the bears.
2/ Since this technical formation has no inherent bias, ADA could head 18% in either direction.
3/ On-chain metrics reveal a breakout would favor the bears.
Trade closed: target reached
tp 1 hit
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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.