ADA's situation and Expected Movements

By CobraVanguard
Updated
Hello every one
Cardano / US Dollar

ADA is in a Descending Triangle right now The Price can be Exactly like ETH .If In Short Term a Bullish Break out Happens, we can Expect a Great Bullish Movement From It! It Has Touched The Support (1.20$) and The Resistance line Multiple Times! So They are Reliable For Now! If It Is gonna Be bearish, We Shall See ADA under 1$ But If The Bullish Break out Happens, We can Expect it To Reach around 1.5$.

Summary:
-ADA is in a Descending Triangle
-Support is around 1,20$
-If Bearish Break out Happens, It's Going Under 1$
-We can Expect it to Reach 1.5$ as well

🔴This is only an idea and not a financial advise ( NFA )🔴

💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached
ADAadausdADAUSDTcardanoChart PatternsDescending TriangleTrend AnalysisTriangle
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