Cardano (ADAU19/ADABTC) can resume its recent break above resistance.
Just recently EMA100 was broken and quickly tested as support (4H candle close needed for confirmation). A long wick showed up where all the sellers were bought off.
All the details are available on the chart.
Signals and details on the chart are as follow:
Trading above EMA10/50/100.
Increase in green volume.
Bullish chart and market sentiment.
Blue lines represent support levels (down).
Magenta line represent resistance levels (up).
The red line is the trendline.
The purple line is the main resistance to break and close above for more up.
Thanks a lot for reading and your continued support.