Cardano- Has the Giant awoken?
Cardano has joined the bull party.
We've seen tremendous gains of late on ADA and going by daily candles the need for a retrace seems imminent.
However- The market is running as bullish as ever so standard TA may be lacking the emotional and hype aspect of this run.
With major news expected from Charles and the Cardano team I believe it will continue to push higher this month.
Current expectations are for consolidation within the triangle- ( Expectation of around 72hrs within this zone)
Following this a break up brings high targets into play.
Alternately
-A loss of support brings with it some low entry ideas.
(Options indicated on charts)
As always, this is not financial advice,
Just my own thoughts and TA.
Feedback welcomed.
Bingaz
We've seen tremendous gains of late on ADA and going by daily candles the need for a retrace seems imminent.
However- The market is running as bullish as ever so standard TA may be lacking the emotional and hype aspect of this run.
With major news expected from Charles and the Cardano team I believe it will continue to push higher this month.
Current expectations are for consolidation within the triangle- ( Expectation of around 72hrs within this zone)
Following this a break up brings high targets into play.
Alternately
-A loss of support brings with it some low entry ideas.
(Options indicated on charts)
As always, this is not financial advice,
Just my own thoughts and TA.
Feedback welcomed.
Bingaz
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