ADA Breaks Through Trendline & Ascending Triangle Lower Boundary
ADA has broken through the upper resistance on the downwards trendline on the 4hr, as well as the resistance of the big Ascending Triangle (in blue). It's now come back down and is showing support from the bulls as it retests these lines of previous resistance.
On top of it, today is the Cardano Africa event. Potential long here if we see another solid push upwards. Let's see what plays out!
On top of it, today is the Cardano Africa event. Potential long here if we see another solid push upwards. Let's see what plays out!
Note
The bulls couldn't maintain support it would seem:Note
The dump is real!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.