Cardano is currently at a level which has relatively large resistance.
I think the bulls are going to take over soon. If this happens the uptrend could be huge.
Very cryptos are showing similar moves in similar patterns currently.
If you look at CHAINLINK, it has the same pattern and broke trough.
Also DASH and LITECOIN already broke trough such similar pattern.
This is GREAT to put a stoploss above the current channel.
I think the bulls are going to take over soon. If this happens the uptrend could be huge.
Very cryptos are showing similar moves in similar patterns currently.
If you look at CHAINLINK, it has the same pattern and broke trough.
Also DASH and LITECOIN already broke trough such similar pattern.
This is GREAT to put a stoploss above the current channel.
Note
very cryptos, much spelling errors
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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.