ADA wants out?

Updated

Cardano will try breakout, looks like it, Formed ascending triangle under this is significant resistance, if broken, this level could be a great support. Volume decreasing also, so the move is near...

Note

Nice short trade (thanks to BTC) and almost PERFECT bounce from support level... Looks like back on track for a move up, unless BTC ruin this... Nice clean 5% scalp short trade

Note

My chart played out with small delay. ADA broke out and closed hourly candle above the resistance line. Nice volume also. RSI is near 80 level so there is a chance we could see a retest of breakout level... Traders who entered on lower support level bounce are about 11% in profit now...

Note

ADA trade is 53% in profit so far...watch out for this rising wedge... The market is extremely bullish about ADA, so this bearish figure has a nice chance to break up also...

PhilosophersStone

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