Cardano appears to be forming a bullish megaphone pattern, similar to the one Bitcoin formed earlier during it's current run.
You can see from my chart that we have broken through the blue symmetrical triangle and currently testing the upper trend line of the red ascending triangle. Once these breakouts are confirmed this should propel Cardano to the upper trend line of this Bullish megaphone, with a target of around 50 cents. Don't be surprised if Cardano breaks through this trend line and hits a target further to the upside as Bitcoin previously did.
You can see from my chart that we have broken through the blue symmetrical triangle and currently testing the upper trend line of the red ascending triangle. Once these breakouts are confirmed this should propel Cardano to the upper trend line of this Bullish megaphone, with a target of around 50 cents. Don't be surprised if Cardano breaks through this trend line and hits a target further to the upside as Bitcoin previously did.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.