TradingView
Coinology
Oct 4, 2017 10:35 PM

ADA Descending Triangle Breakout - Possible Ascending Triangle Short

Cardano / BitcoinBittrex

Description

Cardano (ADA) is a newer coin released just a few days ago, and it is been in a descending triangle since.

Cardano is now looking like it is trying to form an ascending triangle with a decent amount of volume and market cap - it is already in the top 20 coins. MACD is looking strong so watch for a possible breakout.

The two ideal entry points are listed on the graph with possible exit zones of 590-680.



For calls like this and further discussion regarding crypto, feel free to join us over at Sippycup Trading!

Discord Chat: discord.gg/5JS3QkG
Website: sippycuptrading.com/
Comments
JonnieGopher
Thanks for the TA on ADA!
More