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Cardano
Updated

Cardano (ADA) Bullish Scenarios

471
ADAUSD

ADAUSD

$2.45 seems to be the next target (Fibonacci level) if the movement breaks out of the coil. Also bear in mind that there was a rejection at 2.25 multiple times.
Note
Apparently, price bounced off of the upper bound of the blue channel, following the yellow path. Price will accumulate with this boundary as the support for some time.
brownian
ADAcardanoTrend Analysis

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ADAcardanoTrend Analysis
brownian

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.