Cardano
Long
Updated

CARDANO (ADAUSD): Breakout Trade Explained

778
snapshot

FOMC is ahead.
Crypto market may positively react to that.

I am watching ADA today, the market is on a key level.
The confirmation that I am looking for to buy is a bullish breakout of a falling trend line on 1H.

Initial target will be 0.53

If the price drops and sets a new low, the setup will be invalid.

❤️If you have any questions, please, ask me in the comment section.
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Note
Check my new analysis on NZDUSD:
NZDUSD: Very Bearish Setup 🇳🇿🇺🇸

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