CardanoUpdated ADA/CARDANO - Descending triangle
Cardano is consolidating in the descending triangle which is bearish formation. If the support will be break through we will probably go for the another support at 1 USD.
Or if there will be some bullish appetite we can break through the upper triangle line and bullish signal could be trigger.
Or if there will be some bullish appetite we can break through the upper triangle line and bullish signal could be trigger.
Note
Watch out for break out the upper line.
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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.