jashjacob

ADAUSD - Breakout Approaching

KRAKEN:ADAUSD   Cardano / U. S. Dollar
ADA has made fresh high in the last two weeks and has been consolidating on the downside forming a good triangle structure. Price sustaining can see ADA breaking out on the top side.

Volumes have fallen from the highs. Good volume is required for a good upmove. Otherwise we might see a breakdown.
Comment: Price did not sustain. Broke down.
Comment: ADA listing on CoinBase & CoinBase Pro has shown some breakout and profit booking as well.

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