Cardano / Bitcoin
Panjang

Cardano (ADA/BTC) near a breakout but from which side?

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The price of Cardano is in a falling wedge and the price was repealed by its resistance. Since the price has retraced to the inner triangle support line which is still unconfirmed but for now serves as a significant level that should be taken into account, as the price interacted with it 4 times so far. We are soon going to see a break out from either a wedge or a triangle, depends on where the price is going. I think that we are going to see the price breakout from the wedge resistance and hit the triangle resistance which would again validate the pattern.

Penafian

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