ADA/USDT breaking out of rising wedge, analogous to ETH
Updated
Cardano is just breaking out of a multi-month rising wedge it was forming. If it follows the same path as Ethereum, then it should skyrocket in the upcoming days and weeks. The chances are pretty good in my opinion when looking at the upcoming milestones in the development of the Cardano network.
This idea would be invalidated if we get a close below the upper trendline.
This idea would be invalidated if we get a close below the upper trendline.
Note
Wow, this perfectly played out so far!
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.