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Jimmy_Rebello
Nov 8, 2021 5:54 PM

ada- cardano breaking out  Long

Cardano / TetherUSBinance

Description

ada has been consolidating since 3 days within and triangle pattern,
the colored lines are pitchfork tool lines used on daily time frame to monitor the range or trading and identifying tradeable zones
*the dotted whites are used for marking small trendlines and patterns so that we trade based on breakout and retest of market structure and patterns
*waiting for the price to retest the resistance of triangle pattern as a entry sign
*could go upto 2.300 but estimated target as per my risk to reward will be 2.200 [ conservative approach]

comment and let me know what your analysis indicates about ada
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