RichM4NNN

ADA (CARDANO) ANALYSIS - FALLING WEDGE

Long
BINANCE:ADAUSD.P   ADA Perpetual Futures Contract
Depending on quality and project idea Cardano is great crypto currency to invest. But it has been 6 months since it's bear market has begun, and it's still going. Since is drowning below it's ex-key support many investors lost their faith in ADA. But dark days might end real soon. As you can see it has been forming up massive falling wedge pattern (which has great chance to break its resistance). Even it's against the trend opening long position when it reaches it's floor of the channel might be great choice. Once it breaks it's strong resistance there is no coming back!
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