fugutrader

ADAUSDT - Triangle Pattern

fugutrader Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
A Triangle pattern has been forming since 11th November with constricting ranges.
Despite the recent release of positive Fundamental News, price has been trapped in a range bracketing the 0.38c level where 7.19B ADA has been acquired, an important level given that 65% of ADA holders are holding unrealized losses. Much attention will be on the 40.0c round number which has provided recent resistance
Trade closed: target reached:
Consolidation and a new pattern forming after a bull run
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