Cardano (ADA) Technichal Analysis
ADA has been trading within a falling wedge – a pattern that often signals a potential breakout.
✅ Watch the green trendline as key support. If price holds above, we could see bullish moves within the range.
⚠️ Break below may lead to uncertain, choppy territory.
📈 For long entries, look for a daily close above the wedge resistance – confirmation is key!
ADA has been trading within a falling wedge – a pattern that often signals a potential breakout.
✅ Watch the green trendline as key support. If price holds above, we could see bullish moves within the range.
⚠️ Break below may lead to uncertain, choppy territory.
📈 For long entries, look for a daily close above the wedge resistance – confirmation is key!
NorseCrypto
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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.
NorseCrypto
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.