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Ascendentchannel

Cardano form a bullish channel!!! Break out soon!!!Waoh, I see that I was wrong that I believe that in weekly Cardano goes to $0.20 cents without analyze the microtrend. But for that, we see that Cardano it's into this bullish channel and there's an interesitng bought position in this par toward the $0.44 cents, that it's my next target!!! So, I put a buy order limit at $0.3180 cents with a SL around of $0.2866 cents And look, as we formed a bearish rising wedge, maybe the trend could be to reversal up becuase we see a bull candlestick that we formed in H8 timeframe and based in Bitcoin analyze, Cardano can to up following the Bitcoin. And if this happening, the ADA/BTC could be to weakness if Bitcoin get force and get domain of the crypto market again. So, I will going to check out soon of it. And look, the Daily chart it's show us that Cardano it's so bullish, also, looking out that we are in formation of this ascendent triangle, and then, maybe, this it's an accumulation zone to continue accumulate more Cardano. So, I will going to bought more Cardano in cash + re-buy my Cardano assets again what I sell it without looking in the microtrend. The most part it's the Daily chart and H8 that it's still bullish!!!
BINANCE:ADAUSDLong
by harisonhbn9718
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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