ADA wants out?

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...

Commentaire:

Nice short trade (thanks to BTC) and almost PERFECT bounce from support level... Looks like back on track for a move up, unless BTC ruin this... Nice clean 5% scalp short trade

Commentaire:

My chart played out with small delay. ADA broke out and closed hourly candle above the resistance line. Nice volume also. RSI is near 80 level so there is a chance we could see a retest of breakout level... Traders who entered on lower support level bounce are about 11% in profit now...

Commentaire:

ADA trade is 53% in profit so far...watch out for this rising wedge... The market is extremely bullish about ADA, so this bearish figure has a nice chance to break up also...