In the current daily chart of #ADAUSDT on Binance, we can observe a descending wedge pattern forming over the past few months. The price has been consolidating within this wedge, which is typically considered a bullish continuation pattern. The potential breakout from this pattern could result in a significant upside move, possibly targeting the 0.7876 level, representing a potential 128.23% gain from the current price level of 0.3392 USDT.
This setup could indicate a strong buying opportunity as the market anticipates a reversal from the recent downtrend. Keep an eye on the breakout level, as a confirmed breakout with increased volume might signal the beginning of a new bullish trend for Cardano.
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
This setup could indicate a strong buying opportunity as the market anticipates a reversal from the recent downtrend. Keep an eye on the breakout level, as a confirmed breakout with increased volume might signal the beginning of a new bullish trend for Cardano.
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
Dagangan aktif
I keep the deal open!Dagangan aktif
I keep the deal open!Dagangan aktif
I keep the deal open!Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.