ADA Buy a break setup.
Cardano - Intraday - We look to Buy a break of 1.402 (stop at 1.369)
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 1.498 and 1.528
Resistance: 1.400 / 1.450 / 1.500
Support: 1.350 / 1.300 / 1.250
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 1.498 and 1.528
Resistance: 1.400 / 1.450 / 1.500
Support: 1.350 / 1.300 / 1.250
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