🔥 ADA/USDT Bullish Triangle: New All Time High On The Horizon
Cardano is on the verge of completing a bullish triangle pattern, which it has formed steadily since the start of 2021.
With the rejection of the lower trend support line early this morning, little stands in the way of ADA to reach the upper resistance of the triangle. Beware that the price can reverse sharply after reaching the upper resistance.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
With the rejection of the lower trend support line early this morning, little stands in the way of ADA to reach the upper resistance of the triangle. Beware that the price can reverse sharply after reaching the upper resistance.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
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