Description
⋅ Cardano (ADA) retraced to 50-61.8% fib level of last long run and recently broke descending trendline to resume the uptrend.
Expect some profit taking and retracement at key levels highlighted in chart.
Stay tuned for the next target depending on how it behaves at last high at $1.48 region
This idea is long term investment and not for intraday trading.