Cardano could to form a potential ascendent triangle
At the moment, looking in this timeframe, Cardano it's still consolidate and we could to have a formation o this bullish ascendent triangle in formation. As we have a bullish rising wedge, my other confluence it's that Cardano make support above of $1.20 USD and then, we can to continue up if the support of $1.20 USD it's validated, now as we are in the $1.1840 USD approximately, Cardano could to show us any possible rejection in this support, countdown the past candlestick, we have in this series of indecicion candlestick pattern and we can to make the intererence that Cardano make any support, but as we are in the important and critical zone that Cardano need to make any decision. If Cardano up, we're okay and then, we can to valided this bullish rising wedge to continue up and invalided this ascendent triangle, but in otherhand, i Cardano down, well, our next support it's this trend line, and it's very important for me, becuase this point could to make an exactly formation of this bullish ascendent triangle. That will be my plan, but the only that I still my break even in my price entry that was around of $1.13 USD.
One thing that I want to mentioned here it's that we can to have forecas that Cardano easily go to $3.30 USD into this bullish chartist pattern, that it's a good signal. As I say you, if this bullish rising wedge it's valid, we can to see however a next forecast of $3.30 USD.
And finally, I like this chart,today in less of 24 hours, we closed up this candlestick o 3 Daily chart and depend o it, we can to know the result today. It's very important, becuase I'm long in Cardano to $2 dollar, but in any case, I can to update my target profit to $3.30 USD, that it's amazing target toward the medium term to keep my Cardano trade contracts.
Guys, i you like this idea and if you found out good content, I invite you to share this analysis with others traders, people and Cardano enthusiastic and holders.
One thing that I want to mentioned here it's that we can to have forecas that Cardano easily go to $3.30 USD into this bullish chartist pattern, that it's a good signal. As I say you, if this bullish rising wedge it's valid, we can to see however a next forecast of $3.30 USD.
And finally, I like this chart,today in less of 24 hours, we closed up this candlestick o 3 Daily chart and depend o it, we can to know the result today. It's very important, becuase I'm long in Cardano to $2 dollar, but in any case, I can to update my target profit to $3.30 USD, that it's amazing target toward the medium term to keep my Cardano trade contracts.
Guys, i you like this idea and if you found out good content, I invite you to share this analysis with others traders, people and Cardano enthusiastic and holders.