kouchi

Cardano/Dollar

kouchi Updated   
BINANCE:ADAUSD   Cardano

#ADA

According to the 4h time frame chart, price is fluctuating in a downtrend channel, and if it breaks the trendline, we have a good situation for growth.

According to the waves, situation for a new rally to the top is about to happen and on the other hand, #ADA is about to complete a reverse head and shoulder pattern as well.

Please have in mind that all the above situation is true in case it crosses and stabilizes above 0.22 resistance otherwise it fails.

Purchase in indicated support level (green) OR after crossing 0.22 resistance is recommended.

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