Cardano (ADAUSD) is forming a classic cup and handle pattern on the higher timeframe, signaling a bullish continuation setup that often precedes strong upward moves.
Combined with Fibonacci extensions, the breakout potential is high, with multiple target levels mapped out:
Target 1: 0.618 Fib – 2.0005 - confirms breakout strength
Target 2: 0.786 Fib – 2.4845 - momentum continuation zone
Target 3: 1.272 Fib – 3.8846 - full extension based on pattern measurement
Target 4: 1.618 Fib – 4.8815 - aggressive bull target for long-term holders
If ADA breaks the handle with strong volume, it could initiate a powerful rally. This setup is ideal for swing traders looking for a high-probability entry.
Let’s catch the next big move together! 🚀
Combined with Fibonacci extensions, the breakout potential is high, with multiple target levels mapped out:
Target 1: 0.618 Fib – 2.0005 - confirms breakout strength
Target 2: 0.786 Fib – 2.4845 - momentum continuation zone
Target 3: 1.272 Fib – 3.8846 - full extension based on pattern measurement
Target 4: 1.618 Fib – 4.8815 - aggressive bull target for long-term holders
If ADA breaks the handle with strong volume, it could initiate a powerful rally. This setup is ideal for swing traders looking for a high-probability entry.
Let’s catch the next big move together! 🚀
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.