Cardano / Bitcoin
Long

ADA/BTC Bullish Ascending Triangle!

255
The price is currently in an ascending triangle.

The triangle is a really powerful bullish pattern. We can see the top resistance line being tested over and over again. At first the pushback by the bears was really strong, but the second time it was weaker. Now, I expect the third time to be even weaker and eventually the bulls to push the price through.

If they manage, we can see a big price volatility increase. You can monetize this pattern by going long as soon as the top resistance line is broken.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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