Cardano: When and where will it break out to the top ..
Cardano price action (1hr chart) is caught up in the ascending triangle (bullish) between EMA 200 (blue) that act as a resistance and EMA 50 (orange) that act as a support.
Will it be able to get past the resistance and break out at D or will it maybe complete ABCDE to generate more power and momentum before it break out to the top ....
Always wait for confirmation before taking any action.
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.