Cardano To the Moon!Marked it all out in the chart, my thoughts on what im expecting to happen with Price on Cardano, However, There has been three points of Ascending Triangles since Cardanos last run, resulting in heavy Accumulation, This is very Bullish!...
It means, that people have been BUYING Cardano, and stocking up, for the impending price movement, no doubt due to the constant bullish news over the last few months.
There are two possible plays here, Either it continues further along this last triangle, before breaking out, or it is going to break out sooner than people expect, with a surprising result.
On my regular TA, the 7d is below the candles, showing a change in recent price action, Yet to break above the 25d MA though, and candles are still below the 200d MA. This is similar to a lot of other Alts out there currently, not just ADA.
Candles are below the baseline, however what is surprising, is yesterdays movement, jolted the Baseline up nearly vertically... This tells me that price will go back up, however it wasn't quite ready just yet, so the baseline has had to correct itself, in the only way it knew how, so the candles may stay below the baseline for a short period, before crossing above.
I do think, this is your last chance, at this price to pick up a deal on Cardano, for the coming future. As always DYO, and DYOR TA, these are my thoughts and expectations.
