Cardano will try breakout, looks like it, Formed ascending triangle under this is significant resistance, if broken, this level could be a great support. Volume decreasing also, so the move is near...
Reasons for entry :
- one big FR 38.2 (trend continuation number) @ structure
- second big FR 61.8 (strong reversal number) @ structure
Stop loss :
- Above previous structure
Targets :
-FE 127.2
- Harmonic move
- Strong support line
Once we hit the target we have good opportunity for longer trade.