norsewulf

ADA Breaks Through Trendline & Ascending Triangle Lower Boundary

norsewulf Updated   
BINANCE:ADAUSD.P   ADA Perpetual Futures Contract
ADA has broken through the upper resistance on the downwards trendline on the 4hr, as well as the resistance of the big Ascending Triangle (in blue). It's now come back down and is showing support from the bulls as it retests these lines of previous resistance.

On top of it, today is the Cardano Africa event. Potential long here if we see another solid push upwards. Let's see what plays out!
Comment:
The bulls couldn't maintain support it would seem:
Comment:
The dump is real!
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