Cardano - Intraday - We look to Buy a break of 1.402 (stop at 1.369)
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 1.498 and 1.528
Resistance: 1.400 / 1.450 / 1.500
Support: 1.350 / 1.300 / 1.250
Price action has formed a bullish ascending triangle formation.
Pivot resistance is at 1.400.
A break of bespoke resistance at 1.400, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 1.498 and 1.528
Resistance: 1.400 / 1.450 / 1.500
Support: 1.350 / 1.300 / 1.250
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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.
Related publications
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.