BINANCE:ADAUSDT   Cardano / TetherUS
Cardano is trading in this descending triangle pattern and is currently sat on this key structure support, although this is a bearish pattern my bias remains bullish as there is to much fundamentals on this coin but never the less i will wait to see what the market shows me before we can react to it. I am looking for rejection and a new higher high to form from a 4hr perspective and a break above the descending trendline, if we see this i will look for a valid entry to long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.