Short-term since we are focusing on the last few days only and not the timeframe.
The daily timeframe can be used for medium-term as well as long-term.
Notice the strong bullish consolidation happening the past week.
Cardano (ADAUSDT) produced a bullish breakout and instead of the classic retrace it started to consolidate upwards, challenging resistance bit by bit while gaining strength. This can lead to a sudden price jump.
Then notice the volume, highest volume in a while with the strongest RSI.
You can check the related ideas for the full trade signal.
Thanks a lot for your support.
➖ The strongest bullish wave of 2023 is upon us.
👉 Cardano, Bitcoin and the Cryptocurrency market as a whole is set for massive growth.
Namaste.