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Cardano / TetherUS
Updated

Cardano - Where is it going?

220
ADA forms a symmetrical triangle. The direction the triangle will break in depends on BTC's behaviour.

Upside target: 2.835 (+21.22 %)
Downside target: 1.692 (-23 %)

I'll keep this Idea updated as the ADA price action develops.
Note
A retest of the lower trendline has been successful
Note
The triangle has broken downwards but no clear price movement has been made yet. Possible invalidation of the pattern.
Note
Targets not met.
WillemStocks
Chart PatternsSupport and ResistanceTrend Analysis

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.
Chart PatternsSupport and ResistanceTrend Analysis
WillemStocks

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.