ADA Descending Triangle Breakout - Possible Ascending Triangle
Cardano (ADA) is a newer coin released just a few days ago, and it is been in a descending triangle since.
Cardano is now looking like it is trying to form an ascending triangle with a decent amount of volume and market cap - it is already in the top 20 coins. MACD is looking strong so watch for a possible breakout.
The two ideal entry points are listed on the graph with possible exit zones of 590-680.
For calls like this and further discussion regarding crypto, feel free to join us over at Sippycup Trading!
Discord Chat: discord.gg/5JS3QkG
Website: www.sippycuptrading.com/
Cardano is now looking like it is trying to form an ascending triangle with a decent amount of volume and market cap - it is already in the top 20 coins. MACD is looking strong so watch for a possible breakout.
The two ideal entry points are listed on the graph with possible exit zones of 590-680.
For calls like this and further discussion regarding crypto, feel free to join us over at Sippycup Trading!
Discord Chat: discord.gg/5JS3QkG
Website: www.sippycuptrading.com/