ADA / USDT: Triangle formation, already broken out?!
1387
According to this analysis on ADA / USDT 4H, the price has already broken out of the triangle. As the RSI approaches oversold condition, my guess would be that the price would bounce off the upper line of the triangle and make a move upwards.
Take profit ideas: TG1 - 2.33$ TG2 - 2.55$ TG 3 - 2.73$ TG4 - 2.93$ These are longer-term targets than some of my other chart analyses.
I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next.
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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.