Cardano, after a pullback to the weekly descending trendline that it broke three months ago, is now on the verge of an upward movement. Considering President Trump's tweet regarding the United States' strategic reserve, I must say: experience has shown that news always comes in the direction of the movement.
Cardano is currently undergoing a correction and a pullback to the previously broken resistance in the weekly timeframe. It is likely to retrace toward the 20-week moving average before initiating its second upward leg.
