Cardano / TetherUS
Long
Updated

ADAUSD 4h. Ascending Triangle. Target 2.69. Nice

290
Hi everyone,

Thank you for considering reading my idea.

ADA's forming an ascending triangle . We may breakout of the triangle to the upside already but we got rejected at 1.83. We still have a support at 1.62 (0.382 level of fib retracement). The target of the triangle is at 2.69. Very nice.

Like this idea and follow me for more analysis like this.

Cheers,
Juvs
Note
We're still inside our pattern -- holding the bottom line of the triangle as support. Next move will likely depend on Bitcoin's move

snapshot

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